Academic Journal

The costs of job loss and task usage: Do social tasks soften the drop?

التفاصيل البيبلوغرافية
العنوان: The costs of job loss and task usage: Do social tasks soften the drop?
المؤلفون: Kauhanen, Antti1,2 (AUTHOR) antti.kauhanen@etla.fi, Riukula, Krista1 (AUTHOR) krista.riukula@etla.fi
المصدر: Empirical Economics. Oct2024, Vol. 67 Issue 4, p1355-1374. 20p.
مصطلحات موضوعية: *LAYOFFS, *PLANT shutdowns, *HUMAN capital, *GOVERNMENT policy, *STANDARD deviations
مستخلص: Do different tasks shield differently from the scarring effects of job loss? This study examines how the effects of job loss depend on task usage. We use Finnish linked employer–employee data from 2001 to 2016, representative survey data on task usage, and plant closures to identify individuals who involuntarily lose their jobs. We find that heterogeneity in the cost of job loss is linked to task usage. Workers in more social task-intensive origin jobs have smaller employment and earnings losses, whereas workers in routine jobs face larger wage losses. The probability of being employed is 8.3 pp higher (3.9 pp lower) per one standard deviation higher than mean social (routine) task usage 1 year after the job loss event. We also find that workers with longer tenure face larger losses and that task usage contributes more to their losses. The results show that the costs of job loss depend on task usage in the origin job. Public policy measures should be targeted at employees in routine-intensive jobs, since they face the largest losses. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Business Source Index
الوصف
تدمد:03777332
DOI:10.1007/s00181-024-02595-y