Job loss and effects on firms and workers

摘要: Job loss is painful. There are thousands of individual stories workers who lose their jobs each year from all parts the world. A great deal work across social sciences examines causes and consequences job loss. This chapter addresses a small part that specifically focuses on effects (including subsequent wages health) companies short- longer-run corporate performance). Other questions also considered, such as whether firms less committed to than they were in recent past. variety data sources accessed for research loss, consideration given alternatives various public policies adopted United States throughout To begin, it should be noted this will not focus other important issues related It examine, significant detail, international trade or tariffs. The about labor turnover initiated by worker. Voluntary quits separations discussed, nor firings cause strictly performance. instances where layoff employees (temporarily permanently, although latter). changes displacement over time, reasons changes, companies. policies, being there can improvements what known done discussion how countries handle reductions demand labor.