Bringing together policymakers, researchers, and practitioners to discuss job loss
The most recent Displaced Workers Survey
(DWS)
finds that 5.3 million workers were displaced between
January 2001 and December 2003 from jobs that they
had held for three or more years. These workers are
of particular interest for several reasons. First, due to
the design of the DWS, we know that they are workers
who likely lost their jobs through no fault of their own.
Second, they have proven through their long association with their employers that they are good employees. Third, research has demonstrated that they are
unlikely to get new jobs that are similar to their old
jobs—particularly if they lost their old jobs because
of technological change or international trade. Fourth,
research has also shown that these workers are likely
to suffer long-term earnings losses due to their job
loss. This is particularly true in cases where the workers
had built up skills that were specific to a particular
job and where they are unlikely to be reemployed in
a similar job.