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Finding New Employment Difficult in Current Job Market

Created on September 1, 2011

Finding New Employment Difficult in Current Job Market

Finding New Employment Difficult in Current Job Market

2010 2008 2006 2004 2002 2000 1998 1996 1994 1992 1990 1988 1986

Proportion of Workers Laid Off in Past Three Years Who Found Work

Laid-off workers were less likely to find new jobs in 2010 than those who had lost their jobs during the previous 22 years.

Chart 5 • B 2602

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2010: 56.3%

Biennial average, 1986–2008: 76.4%

Source: Henry Farber, “Job Loss in the Great Recession: Historical Perspective from the Displaced Workers’ Survey, 1984–2010,” National Bureau of Economic Research Working Paper No. 17040, May 2011,  Appendix Table 10.