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Book/Printed Material The Plight of Older Workers : Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector

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About this Item

Title

  • The Plight of Older Workers : Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector

Summary

  • This open access book examines the economic, social, and psychological consequences of manufacturing plant closure at the individual level. Using an original data set of over 1,200 workers from Switzerland who lost their manufacturing jobs after the financial crisis of 2008, the author analyzes the determinants of reemployment, the sector of reemployment, and the change in wages over a two year period. In addition, coverage also explores how plant closure affects the social relationship between a displaced worker and his or her significant other, which includes a discussion of the coping strategies on the household level as well as how changes in a worker's social and occupational life affects overall satisfaction. Readers will discover that the burden of structural change disproportionately falls on the shoulders of workers aged 55 and older who often face substantial barriers when trying to return to employment. A larger portion of this group experience long-term unemployment and those who do manage to find a new job often suffer disproportionate wage loss. This result is intriguing in the context of the current demographic change and contradicts the common assumption that young and low-qualified individuals are at greatest risk of unemployment. Advanced age-and not low education-appears to be the primary obstacle to workers finding job satisfaction after being laid off because of market conditions.

Names

  • Baumann, Isabel, author

Created / Published

  • Cham : Springer International Publishing : Imprint: Springer, 2016.

Contents

  • 1. The debate about the consequences of job displacement -- 2. A tailor-made plant closure survey -- 3. Reemployment or unemployment -- 4. Early retirement and exit from the labor force -- 5. Job search strategies and unemployment duration -- 6. Sectors and occupations of the new jobs -- 7. Wages -- 8. Job quality -- 9. Linked lives and well-being -- Conclusion.

Headings

  • -  Economic sociology
  • -  Industrial psychology
  • -  Labor economics
  • -  Organizational Studies, Economic Sociology
  • -  Industrial and Organizational Psychology
  • -  Labor Economics

Notes

  • -  Description based on publisher-supplied MARC data.
  • -  Social Sciences (R0) (SpringerNature-43726)
  • -  Social Sciences (SpringerNature-41176)

Medium

  • 1 online resource (XX, 195 pages 56 illustrations, 16 illustrations in color.)

Digital Id

Library of Congress Control Number

  • 2019766666

Rights Advisory

Access Advisory

  • Unrestricted online access.

Online Format

  • image
  • epub

Additional Metadata Formats

Rights & Access

The books in this collection are licensed under open access licenses allowing for the reuse and distribution of each book following the terms described in each license. Researchers should consult the Rights Advisory statement for each title and the accompanying license details for information about rights and permissions associated with each of the licenses.

More about Copyright and other Restrictions.

Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Baumann, Isabel, Author. The Plight of Older Workers: Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector. Cham: Springer International Publishing: Imprint: Springer, 2016. Image. https://aj.sunback.homes/item/2019766666/.

APA citation style:

Baumann, I. (2016) The Plight of Older Workers: Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector. Cham: Springer International Publishing: Imprint: Springer. [Image] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2019766666/.

MLA citation style:

Baumann, Isabel, Author. The Plight of Older Workers: Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector. Cham: Springer International Publishing: Imprint: Springer, 2016. Image. Retrieved from the Library of Congress, <aj.sunback.homes/item/2019766666/>.