THE ROLE OF PUBLIC PROGRAMS AND PRIVATE MARKETS IN REEMPLOYING DISPLACED WORKERS

Marc Bendick

Review of Policy Research, 1983, vol. 2, issue 4, 715-733

Abstract: This paper is about the reemployment difficulties of “mainstream” workers dislocated in mid‐career by structural economic change. Contrary to popular assumptions, empirical evidence suggests that most workers in this category do not encounter extraordinary reemployment difficulties. For those that do, the root problem is not dislocation per se but rather such well‐known failures of the private labor market as geographic immobility, underinvestment in training, and inefficient labor exchange institutions. Public policy should be structured in terms of correcting these market failures, not in terms of dislocated workers as atarget group.

Date: 1983
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