Economic Impact of Closures on Displaced Workers, May 2002

(2002) Economic Impact of Closures on Displaced Workers, May 2002. Iowa Workforce Development

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Abstract

Iowa Workforce Development research conducted in 2001 on Iowa workers displaced by layoffs indicated that post-layoff wages remained at or above pre-layoff levels. During the layoff quarters selected for analysis – first, second, and third quarters of 1998 – there were twenty-one layoff events, none of which were closures. The research at that time did not discriminate between closures or permanent layoffs for which no recall was expected and those layoff events expected to recall workers. The post/pre ratios1 of the affected workers in manufacturing were at or above 100%, while remaining slightly below the universe pre/post ratios for the same time period.

Item Type: Departmental Report
Keywords: Layoffs, Displaced Workers, IWD, Manufacturing
Subjects: Business and industry > Employment > Unemployment
Business and industry
Business and industry > Manufacturing
ID Code: 2494
Deposited By: Margaret Barr
Deposited On: 17 May 2005
Last Modified: 17 May 2005
URI: http://publications.iowa.gov/id/eprint/2494

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