Unemployment and re-employment of displaced workers

Greg Murtough and Matthew Waite
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Greg Murtough: Productivity Commission
Matthew Waite: Productivity Commission

Labor and Demography from EconWPA

Abstract: Examines the incidence and adjustment experiences of workers who are displaced by economic change. Since the mid-1970s, the aggregate annual rate of retrenchment has fluctuated in a counter-cyclical pattern around a relatively stable long-term trend of about 5 per cent. The paper shows that the probability of retrenchment and the nature of post-retrenchment adjustment varies between different groups of workers and depends on general economic conditions.

Keywords: unemployment; -; re-employment; -; employment; -; displaced; workers; -; labour; -; retrenchment; -; occupations; -; casual; employment; -; job (search for similar items in EconPapers)
JEL-codes: J (search for similar items in EconPapers)
Date: 2001-05-21
Note: Type of Document - PDF; prepared on IBM PC; to print on HP;
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:0105004

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