Costs_of_Globalization__Lesson_14_

Costs_of_Globalization__Lesson_14_ - Globalization and...

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1 Lesson 14 1 Globalization and Displaced Workers How do workers displaced by globalization compare with others? What is the evidence on wage loss for displaced workers? How long do displaced workers remain unemployed? Lesson 14 2 12.5 12.3 12.3 Mean Years of Education 37.8 38.4 39.1 Mean Age at Displacement (years) Degree of Import Competition 5.9 6.5 6.8 Mean Job Tenure at Time of Displacement (years) Low Medium High Characteristics of Displaced Workers Lesson 14 3 16.7 16.5 19.0 Percent Minority 35.1 30.4 44.9 Percent Female Degree of Import Competition Low Medium High Characteristics of Displaced Workers
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2 Lesson 14 4 375.11 400.41 402.97 Mean weekly earnings on old job Degree of Import Competition Low Medium High Characteristics of Displaced Workers Lesson 14 5 -2.7 -6.2 -4.7 Median percent change in earnings -8.6 -12.6 -13.2 Mean percent change in earnings Degree of Import Competition Low Medium High For re-employed workers Characteristics of Displaced Workers Lesson 14 6 34 36 35 Share with earnings
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This note was uploaded on 09/14/2009 for the course ECON 340 taught by Professor Leidholm during the Summer '08 term at Michigan State University.

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Costs_of_Globalization__Lesson_14_ - Globalization and...

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