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Article: Worker displacement: a decade of change.(comparative unemployment trends)
- Article from:
- Monthly Labor Review
- Article date:
- April 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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During the early 1990's, older workers and those in service-producing industries and white-collar occupations were more likely to lose their jobs than were their counterparts a decade earlier
During 1991 and 1992, about 5-1/2 million workers permanently lost jobs because their plant or company closed or moved, there was insufficient work for them to do, or their positions or shifts were abolished. About half - 2.8 million - of those displaced workers were "long-tenured workers," that is, they had lost jobs they had held for 3 years or more. Reflecting the poor labor market conditions associated with the recession in the early 1990's, the number of workers displaced ...
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