Panel Study of Income Dynamics data on job loss (1976 to 1981 and 1986 to 1991) indicated stability in overall incidence of job loss but significant increases in involuntary loss for older workers. Reemployment rate of workers who involuntarily lost jobs dropped from 67% to 62%. Chances of a large wage cut rose to 17% by 1986 to 1991. (SK)

Prelayoff job search of workers receiving advance notice of layoffs increased with length of notice and decreased with expected recall. For those not expecting recall, prelayoff search decreased with level of available unemployment benefits. (SK)

A literature review shows that job displacement is widespread, peaks during economic downturns, and is concentrated in states and industries that are doing poorly. Displaced workers experience more nonemployment than do nondisplaced workers and their earning losses are large and persistent. Outcomes for all displaced workers are heavily influenced…

Reduced form equations performed on data from the Employment Opportunities Pilot Projects found that many employed and unemployed job seekers reject at least one offer before accepting a job. Most accept an offer with a wage below the estimated reservation wage. (SK)

Controlling for human capital inputs and unobserved heterogeneity explained 55-57% of the wage gap between mothers and nonmothers. Mothers faced the highest wage penalty at return to work. High school graduates suffered more prolonged, severe losses than women with lower or higher attainment. Their jobs were less likely to offer flexibility needed…

Of 1,805 early retirees, 40% returned to work (17% full time, 51% part time, 32% self employed). Return was positively related to work attachment and tenure at last job. Clerical workers were less likely than managers to choose part-time work over retirement. Lateral mobility and high work attachment were negatively related to postretirement…