How do workers displaced from energy-producing sectors fare after job loss?: evidence from the oil and gas industry

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Permanent URL for this page: http://hdl.voced.edu.au/10707/552182.

Author: Chen, Wen-Hao; Morissette, Rene

Abstract:

This article examines how workers displaced from the oil and gas industry in recent years have fared after job loss. The analysis uses Statistics Canada's Longitudinal Worker File. The study shows that for many workers displaced from the oil and gas industry, job loss leads to substantial and persistent earnings declines. However, three years or five years after being displaced, a significant fraction of workers displaced from this sector earn more than they did in the year prior to job loss. Taken together, these findings do not support the view that all workers displaced from energy...  [+] Show more

Subjects: Industry; Employment; Income

Keywords: Displaced worker; Redundancy; Unemployment; Employment pattern; Wage; Longitudinal data

Geographic subjects: Canada; North America

Published: Ottawa, Ontario: Statistics Canada, 2020

Access item:

https://www150.statcan.gc.ca/n1/pub/11-626-x/11-626-x2020021-eng.htm

Series: Economic insights; no. 123, September 2020

ISBN: 9780660359472

ISSN: 1927-503X

Resource type: Paper

Document number: TD/TNC 141.1109

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