Job Insecurity and Future Labour Market Outcomes

Seamus McGuinness, Mark Wooden and Markus Hahn

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Abstract: This paper uses longitudinal survey data to test the degree to which measures of job insecurity are correlated with changes in labour market status. Three major findings are reported. First, the perceived probability of job loss is only weakly related to both exogenous job separations and subsequent transitions to unemployment and inactivity. Second, while fears of job loss tend to persist across time and job spells, they do so at a highly diminishing rate, suggesting that the impacts on other outcomes (such as psychological well-being) may be quite limited. Third, quit intentions are strongly correlated with both voluntary separations and transitions to alternative employment. The desire to quit, however, does not appear to diminish greatly across successive employment spells.

Keywords: Job insecurity; job loss; quits; HILDA Survey (search for similar items in EconPapers)
JEL-codes: J63 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2012-07
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Working Paper: Job Insecurity and Future Labour Market Outcomes (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:iae:iaewps:wp2012n12

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