The Far-Reaching Impact of Job Loss and Unemployment (original) (raw)
Related papers
1986
Job displacement Lepresents a serious labor market problem affecting a broad spectrum of the labor force. A study used data from the January 19b4 Displaced 10:rker Survey a supplement to the Current Population Survey, which analyzed patterns of jen displacement, the post-displacement reemployment, and earnings experience of displaced workers. The study sample was limited to 9.5 million workers 21 to 60 years of age, formally employed in full-time jobs. Using econometric models of reemployment and post-displacement earnings, the study found the following: (1) displaeement is widespread; (2) displacement rates are lowest in the Northeast and Irighest in the Midwest; (3) Black and Hispanic workers are overrepresented among displace:1 workers, whereas women are underrepresere-ed; (4) displaced workers tend to be younger and have less formal education; (5) two-thirds c)f workers displaced in 1979 were reemployed by 1984; (6) displaced workers with more formal education are more likely to return to full-time employment; (7) reemployment earnings nearly match those on the old job; (A) a minority of displaced workers ,?.xperience a large reduction in earnings capacity; (9) more educated workers have smaller earnings losses; (10) displacement results in loss of group health irsurance coverage; and (11) most displaced workers are young but 15.9 percent are 50 years or older. Thera is a need for labor market assistance programs, targeted on the minority of displaced workers likely to face reemployment difficulty and reduced earnings potential unless assisted. (Notes, 26 bibliography entries, 12 tables, and 5 additional tables are included in this report.) (NLA)
SSRN Electronic Journal, 2000
European Centre for Analysis in the Social Sciences. ECASS is an interdisciplinary research centre which hosts major research programmes and helps researchers from the EU gain access to longitudinal data and cross-national datasets from all over Europe.
Job Displacement among Single Mothers: Effects on Children’s Outcomes in Young Adulthood
2014
Given the recent era of economic upheaval, studying the effects of job displacement has seldom been so timely and consequential. Despite a large literature associating displacement with worker well-being, relatively few studies focus on the effects of parental displacement on child wellbeing, and fewer still focus on implications for children of single parent households. Moreover, notwithstanding a large literature on the relationship between single motherhood and children's outcomes, research on intergenerational effects of involuntary employment separations among single mothers is limited. Using 30 years of nationally representative panel data and propensity score matching methods, we find significant negative effects of job displacement among single mothers on children's educational attainment and social-psychological well-being in young adulthood. Effects are concentrated among older children and children whose mothers had a low likelihood of displacement, suggesting an important role for social stigma and relative deprivation in the effects of socioeconomic shocks on child well-being.
Job Displacement among Single Mothers: Effects on Children’s Outcomes in Young Adulthood1
Given the recent era of economic upheaval, studying the effects of job displacement has seldom been so timely and consequential. Despite a large literature associating displacement with worker well-being, relatively few studies focus on the effects of parental displacement on child wellbeing, and fewer still focus on implications for children of single parent households. Moreover, notwithstanding a large literature on the relationship between single motherhood and children's outcomes, research on intergenerational effects of involuntary employment separations among single mothers is limited. Using 30 years of nationally representative panel data and propensity score matching methods, we find significant negative effects of job displacement among single mothers on children's educational attainment and social-psychological well-being in young adulthood. Effects are concentrated among older children and children whose mothers had a low likelihood of displacement, suggesting an important role for social stigma and relative deprivation in the effects of socioeconomic shocks on child well-being.
Psychological Impacts of Unemployment – Evidence from the Literature
2015
In the past decade, after the global recession, the rate of unemployment increased exponentially. This high ratio of unemployment may have a number of psychological impacts among both males and females. Our methodology is based on secondary data gather from the literature of 2007 till 2015. This research explores the psychological impact of unemployment and aims to find out the reasons of those impacts. Some of the impacts identified include mental illness, social isolation, crime, and suicide.
Recent Research on the Psychological Effects of Unemployment
Journal of Social Issues, 1988
Economic turbulence in the early 1980s stimulated not only popular and governmental concern about the effects of unemployment, but also extensive research on the topic. This journal issue presents 10 representative reports of such recent research from the United States and Europe. Of the two principal methodologies used in this field, aggregate time-series analysis and individual-level surveys, this issue is limited to the individual-level literature. Two papers provide a social psychological and human developmental orientation to the topic. Then, six papers address the psychological costs of unemployment, four based on population surveys and two dealing with plant closings. Finally, two papers describe policy responses being considered or implemented in North America and Europe. The purpose of this journal issue is to present reports of recent research on the psychological effects of unemployment and economic change. The studies described in this issue represent a wave of research efforts, most of which were initiated in the 1980s in response to the highest unemployment in a generation (over 10% in 1982). A special characteristic of this collection is that it is equally divided between reports from the United States and Europe. While the unemployment rate in the United States has declined to a decade low, unemployment in much of Europe remains high and troubling. Why should a whole journal issue be devoted to the effects of unemployment? The Joint Economic Committee of the U.S. Congress commissioned a report in 1984 that assessed the impact of the rise in unemployment during the 1973-1974 recession. Associated with this "moderate" recession were estimated increases of 2.3% in total mortality, 1% in suicide, 6% in mental hospi