Academic journal article Monthly Labor Review

The September Review

Academic journal article Monthly Labor Review

The September Review

Article excerpt

Our first article this month examines the effect of changes in business ownership on workers related to the types of jobs they hold. Analyzing microdata from the Occupational Employment Statistics (OES) survey, Dina Itkin demonstrates that there are differential outcomes by occupation on employment and wage levels resulting from new ownership. Among a number of areas of inquiry, she identifies the industry sectors most affected by ownership change. Further, she investigates the relationship between changes in occupational composition resulting from new ownership and the employment size of the affected business. The author identifies some limitations of the study, noting, for instance, that some staffing changes might be in transition and only partially captured using her methodology.

Bruce J. Bergman compares mass layoff activity in the New York City area with that of the Nation as a whole in the years prior to and after the 2001 recession. With the largest metropolitan workforce in the country, trends in the Big Apple regarding the separation of workers from their employers are always going to be of interest. …

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