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dc.contributor.authorFarber, Henryen_US
dc.date.accessioned2011-09-30en_US
dc.date.accessioned2011-11-23T11:37:18Z-
dc.date.available2011-11-23T11:37:18Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201105173328en_US
dc.identifier.urihttp://hdl.handle.net/10419/51824-
dc.description.abstractThe Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the incidence and consequences of job loss from 1981-2009. In particular, the January 2010 DWS, which captures job loss during the 2007-2009 period, provides a window through which to examine the experience of job losers in the Great Recession and to compare their experience to that of earlier job losers. These data show a record high rate of job loss, with almost one in six workers reporting having lost a job in the 2007-2009 period. The consequences of job loss are also very serious during this period with very low rates of reemployment, difficulty finding full-time employment, and substantial earnings losses.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5696en_US
dc.subject.jelJ63en_US
dc.subject.jelJ64en_US
dc.subject.ddc330en_US
dc.subject.keyworddisplacementen_US
dc.subject.keywordjob lossen_US
dc.subject.keywordunemploymenten_US
dc.titleJob loss in the Great Recession: Historical perspective from the displaced workers survey, 1984-2010en_US
dc.typeWorking Paperen_US
dc.identifier.ppn669225509en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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