Journal Article

The decline of job security in the 1990s: displacement, anxiety, and their effect on wage growth


Abstract: This article shows that job displacement rates for high-seniority workers and a consistently constructed measure of workers' fears of job loss both rose during the 1990s. It then explores the relationship between these measures of job displacement and worker anxiety and wage growth.

Keywords: Job security; Downsizing of organizations; Wages;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 1998

Volume: 22

Issue: Q I