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Title: An Analysis of Long-term Unemployment
Resulting in 1 citation.
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Rothstein, Donna S. |
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An Analysis of Long-term Unemployment Monthly Labor Review (July 2016): . Also: http://www.bls.gov/opub/mlr/2016/article/an-analysis-of-long-term-unemployment.htm Cohort(s): NLSY79 Publisher: U.S. Department of Labor Keyword(s): Educational Attainment; Modeling, Hazard/Event History/Survival/Duration; Racial Differences; Unemployment; Unemployment Duration This article uses the National Longitudinal Survey of Youth 1979 (NLSY79) to examine long-term unemployment of men in the United States during their early careers and midcareers. Over 22 percent of men in the sample experienced at least one long-term spell of unemployment from their mid-20s through 2009. On average, the first spell lasted over 1 year. Logit estimates from hazard models showed that being black, having lower educational attainment, and having lower cognitive skills were associated with increased odds of having a long-term spell of unemployment in any given month. Hazard estimates also showed that black men had decreased odds of reemployment in any given month after onset of a long-term spell. Having a higher cognitive test score, being younger, and having been displaced on the prior job were associated with increased odds of reemployment. The wage costs of a long-term spell were persistent with wage losses found 5 years after onset of the first long-term unemployment spell. |
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Bibliography Citation
Rothstein, Donna S. "An Analysis of Long-term Unemployment." Monthly Labor Review (July 2016): .
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