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Title: Job Loss Among Long-Service Workers
Resulting in 1 citation.
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Parnes, Herbert S. Gagen, Mary G. King, Randall H. |
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Job Loss Among Long-Service Workers In: Work and Retirement: A Longitudinal Study of Men. H.S. Parnes, ed. Cambridge, MA: MIT Press, 1981 Cohort(s): Older Men Publisher: MIT Press Keyword(s): Displaced Workers; Job Patterns; Job Turnover; Layoffs; Unemployment; Wages This article investigates that part of the group of Older Men 45-59 in 1966 who had lost their jobs involuntarily, and using data from the 1976 survey examines the impact of this loss on their later work lives and attitudes. Unmarried men seem more likely to be displaced than married men, and private sector employees seem much more likely to be than those in the public sector. Seniority and average hourly earnings appear to play little part in determining displacement, although establishments with no pension plan seem much more likely to displace workers. Although 40% of displaced workers were apparently immediately able to move into new jobs, and the percentage of workers unemployed in 1976 who had been displaced in 1969 or before was the same as the unemployment percentage of workers never displaced, the average hourly earnings for displaced workers was 22% less the average figure for those never displaced, and, so far, there is no evidence that this or its psychological effects soften with time. |
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Bibliography Citation
Parnes, Herbert S., Mary G. Gagen and Randall H. King. "Job Loss Among Long-Service Workers" In: Work and Retirement: A Longitudinal Study of Men. H.S. Parnes, ed. Cambridge, MA: MIT Press, 1981
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