We analyze the persistence of new jobs in new and old firms. This measure assesses the sustainability of job creation in different circumstances. We find that new jobs in Austria last significantly longer in new than in old firms.

We investigate whether the costs of job displacement differ between blue and white collar workers. In the short-run earnings and employment losses are substantial for both groups but stronger for white collars. In the long run, there are only weak effects for blue collar workers but strong and...