Job Insecurity and Future Labour Market Outcomes

Seamus McGuinness, Mark Wooden and Markus Hahn

No 6764, IZA Discussion Papers from Institute of Labor Economics (IZA)

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 loss; job insecurity; HILDA survey; Australia; quits (search for similar items in EconPapers)
JEL-codes: J63 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2012-07
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (7)

Published - published in: Industrial Relations Journal, 2014, 45 (4), 329 - 347

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Working Paper: Job Insecurity and Future Labour Market Outcomes (2012)
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