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Job security in America : lessons from Germany

Author: Katharine G Abraham; Susan N Houseman
Publisher: Washington, D.C. : Brookings Institution, ©1993.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
With the onset of the recession in 1990, job security has moved to the forefront of labor market concerns in the United States. During economic downturns, American employers rely heavily on layoffs to cut their work force, much more than do their counterparts in other industrialized nations. The hardships imposed by these layoffs have led many to ask whether U.S. workers can be offered more secure employment without  Read more...
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Additional Physical Format: Online version:
Abraham, Katharine G.
Job security in America.
Washington, D.C. : Brookings Institution, ©1993
(OCoLC)622196832
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Katharine G Abraham; Susan N Houseman
ISBN: 0815700768 9780815700760 081570075X 9780815700753
OCLC Number: 26929953
Description: xi, 175 pages : illustrations ; 24 cm
Contents: An overview of labor market performance in Germany and the United States --
The effects of job security on labor adjustment --
The distributional effects of labor adjustment policies --
Lessons for U.S. policy.
Responsibility: Katharine G. Abraham and Susan N. Houseman.

Abstract:

Compares labour adjustment practices in the US, where existing policies arguably encourage layoffs, with those in Germany, which has much stronger job protection for workers. The authors assess  Read more...

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schema:description"With the onset of the recession in 1990, job security has moved to the forefront of labor market concerns in the United States. During economic downturns, American employers rely heavily on layoffs to cut their work force, much more than do their counterparts in other industrialized nations. The hardships imposed by these layoffs have led many to ask whether U.S. workers can be offered more secure employment without burdening the companies that employ them. In this book, Katharine Abraham and Susan Houseman address this question by comparing labor adjustment practices in the United States, where existing policies arguably encourage layoffs, with those in Germany, a country with much stronger job protection for workers. From their assessment of the German experience, the authors recommend new public policies that promote alternatives to layoffs and help reduce unemployment. Beginning with an overview of the labor markets in Germany and the United States, Abraham and Houseman emphasize the interaction of various government policies. Stronger job security in Germany has been accompanied by an unemployment insurance system that facilitates short-time work as a substitute for layoffs. In the United States, however, the unemployment insurance system has encouraged layoffs and discouraged the use of work-sharing schemes. The authors examine the effects of job security on the efficiency and equity of labor market adjustment and review trends in U.S. policy. Finally, the authors recommend reforms of the U.S. unemployment insurance system that include stronger experience rating and an expansion of short-time compensation program. They also point to the critical link between job security and the system of worker training in Germany and advocate policies that would encourage more training by U.S. companies."@en
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