Industry Churning, the Labor Market and Workers' Welfare
This case study of displaced workers shows that job loss results in significant economic losses and drastic deterioration in workers’ welfare, and that these adverse outcomes can persist over the medium to long term. Low re-employment rate, a drop in the quality of employment and earnings for those...
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| Format: | text |
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Animo Repository
2009
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| Online Access: | https://animorepository.dlsu.edu.ph/res_aki/147 https://animorepository.dlsu.edu.ph/context/res_aki/article/1159/viewcontent/INDUSTRY_CHURNING__THE_LABOR_MARKET_AND_WORKERS__WELFARE.pdf |
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| Institution: | De La Salle University |
| Summary: | This case study of displaced workers shows that job loss results in significant economic losses and drastic deterioration in workers’ welfare, and that these adverse outcomes can persist over the medium to long term. Low re-employment rate, a drop in the quality of employment and earnings for those who find work again, heightened economic insecurity, and drastic decline in workers' health status are among the most dramatic consequences of job loss. |
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