Job loss and employment patterns of older workers

Sewin Chan, Ann Huff Stevens

Research output: Contribution to journalArticle

Abstract

This article uses data from the Health and Retirement Study to examine the employment patterns of workers aged 50 and above who have experienced an involuntary job loss. Hazard models for returning to work and for exiting postdisplacement employment are estimated and used to examine work patterns for 10 years following a job loss. Our findings show that a job loss results in large and lasting effects on future employment probabilities. Four years after job losses at age 55, the employment rate of displaced workers remains 20 percentage points below the employment rate of similar nondisplaced workers.

Original languageEnglish (US)
Pages (from-to)484-521
Number of pages38
JournalJournal of Labor Economics
Volume19
Issue number2
DOIs
StatePublished - Apr 2001

ASJC Scopus subject areas

  • Industrial relations
  • Economics and Econometrics

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