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Insecurity on the Labor Market

Andrew E. Clark ()
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Andrew E. Clark: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: There is a common feeling that life has become more insecure over time. I here consider this proposition with respect to the labor market. I first discuss how labor-market insecurity might be measured, and then its potential consequences for individuals. To answer the question of "What Happened," I then review a number of pieces of evidence regarding developments in the labor market, and perhaps surprisingly find no consistent support for the proposition that the labor market has become significantly more insecure.

Keywords: Insecurity; Labor market; Subjective well-being (search for similar items in EconPapers)
Date: 2023-12
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Published in Review of Income and Wealth, 2023, 70 (4), pp.914-933. ⟨10.1111/roiw.12664⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-04816470

DOI: 10.1111/roiw.12664

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