The Impact of Redundancy on Subsequent Labour Market Experience

Abstract

In recent years concern with the problems arising from joblessness and redundancy has increased. This article attempts to identify influences on the subsequent labour market experience of workers niade redundant. This study is an extensive review of the case-study evidence on redundancy situations, both in Australia and overseas. It is concluded that the probability and speed of re-employment are affected by the state of the local labour market, the scale of the retrenchments relative to the local labour market, the breadth of the industrial base of the region in which the redundancies occur, the promptness and intensity of job search, and various personal characteristics of the workers invo..