Abstract
Jay Stewart (2000) "Did Job Security Decline in the 1990s?"
This paper examines long term trends in job security by looking at employment-to-unemployment
transitions in the March CPS. Unlike other datasets used to examine this issue, these data
provide a consistently defined measure for the period covering 1967 through 1997, are available
every year, and cover all workers. I find that job security appears to have declined during
the early 1970s, but from the mid 1970s through the mid-to-late 1990s, there has been no
change. These findings are consistent with the popular perception that jobs were less
secure in the 1980s than in the 1970s, but they are not consistent with the perception that
job security continued to decline in the 1990s.
Last Modified Date: July 19, 2008
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