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Abstract:

cover
CEP discussion paper
Subjective Job Insecurity and the Rise of the Precariat: Evidence from the UK, Germany and the United States
Alan Manning and Graham Mazeine August 2020
Paper No' CEPDP1712:
Full Paper (pdf)

JEL Classification: J28


Tags: job security; precariat

There is a widespread belief that work is less secure than in the past, that an increasing share of workers are part of the ’precariat’. It has been hard to find evidence for this is objective measures of job security but perhaps subjective measures show different trends. However, this paper shows that in the US, UK and Germany, there is no trend towards increased subjective measures of job security. This conclusion seems robust to controlling for the changing mix of the labour force and true for specific sub-sets of workers.