Midlife and older displaced workers: A comparison of predisplacement and new earnings |
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Authors: | Jan L B Bowman Glennis M Couchman Suzanne W Cole |
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Institution: | (1) 275 Carson-Taylor Hall, College of Human Ecology, Louisiana Tech University, 71272 Ruston, LA;(2) Family and Consumer Economics, 336 Human Environmental Sciences, College of Human Environmental Sciences, Oklahoma State University, 74078 Stillwater, OK;(3) Family Management and Consumer Studies, 269 Carson-Taylor Hall, College of Human Ecology, Loursiana Tech University, 71272 Ruston, LA |
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Abstract: | The economic consequences of business closings and worker layoffs are of great concern to today's work force. The study compares
earnings of 755 workers previous to displacement to 422 displaced workers with new earnings. Variables are identified using
the data supplement of the 1988Current Populations Survey: Displaced Workers. Displaced workers employed in professional and white-collar positions have more favorable predisplacement earnings and new
earnings than workers from other job sectors, but displaced workers who are homeowners and those who have health care coverage
before and following job displacement have a decline in earnings. Displaced workers with some high school education and workers
with 30 to 39 years of job tenure also experience decreased wages. Overall, displacement of American workers stifles the economy
and negatively influences the human capital of the nation's work force.
Her major research interests include displaced worker issues, work and family policy, and the economics of aging.
Her major research interests include labor force participation of midlife and older persons. |
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Keywords: | displaced workers human capital midlife new earnings older workers |
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