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Job Displacement over the Business Cycle, 1991-2001

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Publication Date: July 2004

Publisher(s): Center for Economic and Policy Research

Author(s): John Schmitt

Topic: Labor (Employment and labor supply)

Keywords: Job displacement; Older workers; Unemployment benefits

Type: Report

Coverage: United States

Abstract:

This report examines the Displaced Workers Survey (DWS) data released by the Bureau of Labor Statistics, and finds that a sizeable portion of displaced American workers have had difficulty finding new work, and have often taken significant pay cuts in their new jobs.