We study social reactions to job destructions on Twitter. We use information on large-scale restructuring events announced in the United Kingdom over the period 2013-2018. We match it with data collected on Twitter regarding the number and sentiments of the tweets posted around the time of the...

We examine the effects of an experimental job-counseling program targeting Unemployment Insurance (UI) recipients in Nevada both in the context of the Great Recession and a strongeconomy. The program reduced UI duration and improved participant employment and earnings in both periods. Effects...

We study how the countercyclicality of temporary layoffs affects aggregate unemployment fluctuations, firm entry and exit dynamics, and macroeconomic fluctuations by building a tractable framework with equilibrium unemployment and endogenous firm entry and exit where firms have a choice over...

High-tenure workers losing their job experience a large and prolonged fall in wages and earnings. The aim of this paper is to understand and quantify the forces behind this empirical regularity. We propose a structural model of the labor market with (i) on-the-job search, (ii) general human...

We study the causal effects of job loss and unemployment insurance (UI) on hospitalization and mortality for Brazilian workers. We construct a novel dataset that merges millions of individual-level administrative records on employment, hospital discharges, and mortality for a period of 17 years....

We estimate impacts of male job loss, female job loss, and male unemployment benefits on domestic violence in Brazil. We merge employer-employee and social welfare registers with administrative data on domestic violence cases brought to criminal courts, use of public shelters by victims and...

We examine the impact of active and passive labor market policies expenditures on the probability of re-employment, re-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use retrospective homogeneous longitudinal data...

The use of social contacts in the labor market is widespread. This paper investigates the impact of personal connections on hiring probabilities and re-employment outcomes of displaced workers in Portugal. We rely on rich matched employer-employee data to define personal connections that arise...

When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...

COVID-19 has resulted not only in widespread illness and death, it has also upended most spheres of social life including the economic/financial one in that it has had large impacts on local economies, resulting in widespread job loss, job insecurity and loss of income. Employability, a...

This paper sheds new light on the barriers to migrants' labor market assimilation. Using administrative data for Germany from 1997-2016, we estimate dynamic difference-in-differences regressions to investigate the relative trajectory of earnings, wages, and employment following mass layoff...

We compare men and women who are displaced from similar jobs by applying an event study design combined with propensity score matching and reweighting to administrative data from Germany. After a mass layo, women's earnings losses are about 35% higher than men's, with the gap persisting five...

Do trade unions benefit from economic crises by attracting new members among workers concerned about job security? To address this question, we provide a comprehensive empirical investigation based on panel data from Germany, where workers individually decide on their membership. We analyse...

This paper sheds new light on the barriers to migrants' labor market assimilation. Using administrative data for Germany from 1997-2016, we estimate dynamic difference-in-differences regressions to investigate the relative trajectory of earnings, wages, and employment following mass layoff...

We investigate the consequences of structural change for workers displaced from the manufacturing sector. Manufacturing establishments traditionally employed low- and high-wage workers in similar proportions and paid substantial wage premiums to both types of workers. Structural change has led...

We study the impact of work loss on mental health during the COVID-19 pandemic. Combining data on work loss and health care consultations from comprehensive individual-level register data, we define groups of employees delineated by industry, region, age, and gender. With these groups, we use a...

We develop a theory of labor markets in a monetary economy with four realistic features: search frictions, worker productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient job separations occur in the form of endogenous...

We study fertility responses to employment shocks. Using unique Hungarian administrative data that allow linking firm-level mass layoff and closure events to individual-level records on births and abortions, we show that the main response happens in anticipation of the shock. Responses differ by...

Do trade unions benefit from economic crises by attracting new members among workers concerned about job security? To address this question, we provide a comprehensive empirical investigation based on panel data from Germany, where workers individually decide on their membership. We analyse...

Probabilistic job loss expectations elicited in the Consumer Expectations Survey have predictive power for future job loss. We find that an unexpected job loss leads to a negative consumption response, while this effect is muted for workers with ex-ante job loss expectations - consistent with...

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....

We provide the first systematic evidence on the effectiveness of a contested policy in Germany to help displaced workers. So-called “transfer companies” (Transfergesellschaften) employ displaced workers for a fixed period, during which time workers are provided with job-search assistance and...

Job loss leads to persistent adverse labor market outcomes, but assessments of gender differences in labor market recovery are lacking. We utilize plant closures in Denmark to estimate gender gaps in labor market outcomes and document that women face an increased risk of unemployment and lose a...

Estimates of the impact of employment protection heavily rely on reduced-form methods, assuming that there are no indirect effects between firms. This paper exploits a labor law reform implemented in Portugal in 2009 which restricted the use of fixed-term contracts for large firms above a...

In this paper, I examine the effects of a firm’s historical corporate social responsibility (CSR) on its involuntary turnover behavior during the first year of the COVID-19 pandemic. Specifically, for 3,011 publicly traded US firms over the period 2013-2020, I compare announced layoffs across...

This study investigates the impact of mass workforce reductions on the performance of publicly traded US tech firms from Q1-2020 to Q1-2023, being robust to multiple proxies across four performance parameters. Findings reveal decreased investment and operating performance during layoff quarters,...

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one-third would accept a 25 percent cut....

The recent wave of tech sector layoffs has highlighted concerns about worker protection from abrupt job loss. This paper introduces a new quasi-natural experiment, the state Worker Adjustment and Retraining Notification Act, which reflects these concerns by mandating advance notice to displaced...

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....

This study examines how households mitigate the negative income shock caused by job loss through monetary insurance channels, such as spousal labor supply or unemployment benefits, and changes in their time allocation. The event study estimation using panel data of Japanese households shows that...

In this paper, I examine the effects of a firm’s prior reputation in enforcing good CSR practices on its involuntary turnover behavior during the first year of the COVID ’19 pandemic. Specifically, using difference-in-difference analysis on 3,011 publicly traded US firms over the period...

This study uses data from the Statistics Canada Longitudinal Worker File linked to Canadian census records to examine the impact of firm closures and involuntary job loss on entry into gig work. The analysis distinguishes between the actions of those who experienced an actual layoff associated...

This paper sheds new light on the barriers to migrants' labor market assimilation. Using administrative data for Germany from 1997-2016, we estimate dynamic difference-in-differences regressions to investigate the relative trajectory of earnings, wages, and employment following mass layoff...

We examine the impact of local labor market shocks and state unemployment insurance (UI) policies on student discipline in U.S. public schools. Analyzing school-level discipline data and firm-level layoffs in 23 states, we find that layoffs have little effect on discipline rates overall....

As a follow up to our earlier paper entitled; JOB SECURITY IN A COMPARATIVE WORLD , the question at hand is whether it is legally justifiable to maintain a strict adherence to the common law principles regarding wrongful or unfair dismissal after several years of changes in the socio-political and...

Many large and small companies in the tech and startup sector have been laying off an unusually high number of workers in 2022 and 2023. We are interested in predicting when this period of layoffs might end, without resorting to economic forecasts. We observe that a sample of layoffs up to March...

This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...

Probabilistic job loss expectations elicited in the Consumer Expectations Survey have predictive power for future job loss. We find that an unexpected job loss leads to a negative consumption response, while this e˙ect is muted for workers with ex-ante job loss expectations - consistent with...

This paper highlights the relevance of a largely overlooked aspect of technological change: its highly unequal regional distribution and the related consequences for workers in case of job loss. We find strong evidence that the regional exposure to routine-replacing technological change (RRTC)...

Firms facing financial distress must decide how to reduce costs, which often involves choosing between laying off some employees or reducing hours for a larger number. We investigate two questions related to this choice. First, how does the precision of a firm's performance measurement system...