Life Course Research and Social Policies
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The Plight of Older Workers

Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector

Authors: Baumann, Isabel

  • This open access book offers a comprehensive analysis of the individual level consequences of job displacement
  • Uses an original data set of over 1,200 workers from Switzerland’s industrial sector who lost their manufacturing jobs after the recent financial crisis 
  • Reveals 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
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Buy this book

eBook  
  • ISBN 978-3-319-39754-2
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover 51,99 €
price for Spain (gross)
  • ISBN 978-3-319-39752-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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. 

Table of contents (9 chapters)

  • The Debate About the Consequences of Job Displacement

    Baumann, Isabel

    Pages 1-33

  • A Tailor-Made Plant Closure Survey

    Baumann, Isabel

    Pages 35-61

  • Reemployment or Unemployment

    Baumann, Isabel

    Pages 63-80

  • Early Retirement and Exit from the Labor Force

    Baumann, Isabel

    Pages 81-90

  • Job Search Strategies and Unemployment Duration

    Baumann, Isabel

    Pages 91-107

Buy this book

eBook  
  • ISBN 978-3-319-39754-2
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover 51,99 €
price for Spain (gross)
  • ISBN 978-3-319-39752-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
The Plight of Older Workers
Book Subtitle
Labor Market Experience after Plant Closure in the Swiss Manufacturing Sector
Authors
Series Title
Life Course Research and Social Policies
Series Volume
5
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
The Editor(s) (if applicable) and The Author(s) 2018
eBook ISBN
978-3-319-39754-2
DOI
10.1007/978-3-319-39754-2
Hardcover ISBN
978-3-319-39752-8
Series ISSN
2211-7776
Edition Number
1
Number of Pages
XX, 195
Number of Illustrations and Tables
40 b/w illustrations, 16 illustrations in colour
Topics