Effects of Layoffs on Experience Paths
| Task Measures | ||||||
|---|---|---|---|---|---|---|
| Math (1) | Verbal (2) | Mechanical (3) | Science (4) | Interpersonal (5) | Sum of tasks (6) | |
| Layoff in last year | −0.071*** | −0.062*** | 0.013 | −0.020** | −0.044*** | −0.184*** |
| (0.012) | (0.010) | (0.010) | (0.009) | (0.011) | (0.032) | |
| Layoff 2 years ago | −0.039*** | −0.034*** | −0.003 | −0.025*** | −0.029*** | −0.129*** |
| (0.011) | (0.010) | (0.009) | (0.008) | (0.010) | (0.030) | |
| Layoff 3 years ago | −0.023* | −0.018 | 0.003 | −0.011 | −0.006 | −0.055 |
| (0.013) | (0.011) | (0.010) | (0.010) | (0.012) | (0.035) | |
| Layoff 4 years ago | −0.023* | −0.010 | 0.001 | −0.014 | −0.003 | −0.049 |
| (0.012) | (0.011) | (0.010) | (0.009) | (0.011) | (0.033) | |
| Experience: | ||||||
| 2 to 3 | 0.047*** | 0.075*** | 0.000 | 0.028*** | 0.046*** | 0.197*** |
| (0.009) | (0.008) | (0.007) | (0.006) | (0.008) | (0.024) | |
| 4 to 6 | 0.081*** | 0.125*** | 0.011 | 0.053*** | 0.073*** | 0.343*** |
| (0.011) | (0.010) | (0.009) | (0.008) | (0.010) | (0.030) | |
| 7 to 9 | 0.108*** | 0.163*** | 0.003 | 0.077*** | 0.108*** | 0.459*** |
| (0.015) | (0.013) | (0.012) | (0.011) | (0.014) | (0.041) | |
| 10 to 12 | 0.103*** | 0.179*** | −0.008 | 0.093*** | 0.144*** | 0.512*** |
| (0.020) | (0.017) | (0.016) | (0.015) | (0.018) | (0.055) | |
| 13 to 15 | 0.128*** | 0.207*** | −0.019 | 0.109*** | 0.177*** | 0.602*** |
| (0.026) | (0.023) | (0.021) | (0.019) | (0.023) | (0.071) | |
| 16 to 18 | 0.157*** | 0.224*** | −0.014 | 0.123*** | 0.200*** | 0.690*** |
| (0.031) | (0.028) | (0.025) | (0.023) | (0.029) | (0.086) | |
| 19 to 21 | 0.172*** | 0.220*** | −0.030 | 0.112*** | 0.212*** | 0.685*** |
| (0.037) | (0.033) | (0.030) | (0.028) | (0.034) | (0.103) | |
| 22 to 25 | 0.171*** | 0.222*** | −0.038 | 0.123*** | 0.243*** | 0.721*** |
| (0.043) | (0.038) | (0.035) | (0.032) | (0.039) | (0.118) | |
| Constant | −0.219*** | −0.189*** | −0.260*** | −0.433*** | 0.065*** | −1.036*** |
| (0.012) | (0.011) | (0.010) | (0.009) | (0.011) | (0.033) | |
| Observations | 104,326 | 104,326 | 104,326 | 104,326 | 104,326 | 104,326 |
| R2 | 0.011 | 0.029 | 0.001 | 0.004 | 0.022 | 0.022 |
Notes: *** p < 0.01, ** p < 0.05, * p < 0.1. Standard errors in parentheses. All regressions include worker fixed effects. See Appendix 2 for the O*Net task categories used to create the task measures that are the dependent variables. The dependent variable in Column 6 is the sum of the other five task measures. Tasks are in standard deviations. I classify a job change as a layoff if the worker reports he left his prior job due to being fired or a plant closing.