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Source: Industrial Relations Research Association Proceedings
Resulting in 1 citation.
1. Kletzer, Lori G.
Fairlie, Robert W.
The Long-Term Costs of Job Displacement for Young Adult Workers
Industrial and Labor Relations Review 56,4 (July 2003): 682-699.
Also: http://digitalcommons.ilr.cornell.edu/ilrreview/vol56/iss4/7/
Cohort(s): NLSY79
Publisher: Industrial Relations Research Association ==> LERA
Keyword(s): Displaced Workers; Earnings; Gender Differences; Job Turnover; Labor Market Outcomes; Wage Differentials; Wages, Youth

Permission to reprint the abstract has not been received from the publisher.

Using NLSY data, the authors estimate the long-term costs of job displacement for young adults. Earnings and wage losses were large for the first three years following displacement. Compared to earnings losses found by other studies for more mature workers, however, earnings losses for these young adults were short-lived, with differences between observed and expected earnings narrowing considerably five years after job loss. At that point, the shortfall in annual earnings (relative to what would have been expected absent job loss) was 9% for men and 12.5% for women, and the shortfall in hourly wages was 21.2% for men. Young workers also apparently differ from more established workers in the composition of total earnings losses: for older workers, total losses largely represent actual, immediate earnings losses, whereas for young workers the loss of opportunities for rapid earnings growth is more important. [ABSTRACT FROM AUTHOR]
Bibliography Citation
Kletzer, Lori G. and Robert W. Fairlie. "The Long-Term Costs of Job Displacement for Young Adult Workers." Industrial and Labor Relations Review 56,4 (July 2003): 682-699.