A distinctive feature of the Australian labour market is a high incidence of casual employment. Almost 27 percent of Australian employees in 2006 were classified as employed on a casual basis, an alarmingly high proportion given the strong claims often made about the harmful effects that casual...

This paper uses longitudinal survey data to test the degree to which measures of job insecurity are correlated with changes in labour market status. Three major findings are reported. First, the perceived probability of job loss is only weakly related to both exogenous job separations and...