Occupational Employment Risk and its Consequences for Unemployment Duration and Wages: Working Paper 2007-01

Ignez M. Tristao

No 18287, Working Papers from Congressional Budget Office

Abstract: There are substantial differences in unemployment durations and reemployment outcomes for workers in different occupations. This paper shows that this variation can be explained in part by differences in occupational employment risk that arise from two sources: (1) the diversification of occupational employment across industries, and (2) the volatility of industry employment fluctuations, including sectoral comovements. The analysis combines data from the Quarterly Census of Employment and Wages with the National Longitudinal Survey of Youth 1979 male sample. Applying a

Date: 2007-01-01
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