Measuring Labour Market Security and Assessing its Implications for Individual Well-Being:

This paper provides a comprehensive discussion of the labour market security dimension of the OECD's job quality framework, thereby complementing the analysis in Chapter 3 of the OECD Employment Outlook 2014 and Chapter 5 of the OECD Employment Outlook 2015. It makes three main contributions. F...

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1. Verfasser: Hijzen, Alexander (VerfasserIn)
Weitere Verfasser: Menyhért, Bálint (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2016
Schriftenreihe:OECD Social, Employment and Migration Working Papers no.175
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Zusammenfassung:This paper provides a comprehensive discussion of the labour market security dimension of the OECD's job quality framework, thereby complementing the analysis in Chapter 3 of the OECD Employment Outlook 2014 and Chapter 5 of the OECD Employment Outlook 2015. It makes three main contributions. First, it provides an in-depth discussion of the definition and measurement of labour market security. and discusses in detail the various methodological issues surrounding its measurement. Second, it offers a comprehensive statistical portrait of labour market security across countries, socio-economic groups and over time. Third, it investigates the statistical relationship between labour market insecurity and subjective measures of well-being. Importantly, we find that the risk of unemployment has a detrimental effect on the well-being of employed workers, and that this reflects to an important extent the risk of staying unemployed for a prolonged period of time. Policymakers should therefore focus not only on reducing the level of unemployment, but also on speeding up unemployment turnover at a given level of unemployment. Unemployment insurance also mitigates the adverse effect of unemployment risk, and particularly that of long-term unemployment, on the well-being of the employed.
Beschreibung:1 Online-Ressource (51 p.) 21 x 29.7cm.
DOI:10.1787/5jm58qvzd6s4-en

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