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Changing Consequences of Job Separation in the United States
Vol. 52, No. 4 (Jul., 1999), pp. 565-580
Published by: Sage Publications, Inc.
Stable URL: http://www.jstor.org/stable/2525064
Page Count: 16
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Using the Panel Study of Income Dynamics, the author examines the consequences of job loss between the periods 1976-81 and 1986-91. He finds stability in the overall incidence of job separation, but a statistically significant increase in the incidence of involuntary job loss, relative to quits, for older workers. He also finds that the consequences of involuntary job loss worsened: the reemployment rate of workers who experienced involuntary job loss dropped from 67% in 1976-81 to 62% in 1986-91, and among those who found new jobs, the odds of receiving a large wage cut rose from 9% in 1976-81 to 17% in 1986-91.
ILR Review © 1999 Sage Publications, Inc.