Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run

Oesch, Daniel; Köster, Fiona; Studer, Matthias; Baumann, Isabel

doi:10.1177/0143831X231209825

Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-29604

Publication type:	Article in scientific journal
Type of review:	Peer review (publication)
Title:	Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run
Authors:	Oesch, Daniel Köster, Fiona Studer, Matthias Baumann, Isabel
et. al:	No
DOI:	10.1177/0143831X231209825 10.21256/zhaw-29604
Published in:	Economic and Industrial Democracy
Issue Date:	2023
Publisher / Ed. Institution:	Sage
ISSN:	0143-831X 1461-7099
Language:	English
Subjects:	Industrial worker; Life satisfaction; Mass redundancy; Unemployment; Wage
Subject (DDC):	331: Labor economics
Abstract:	How does plant closure affect the employment and well-being of displaced workers? This article presents the results of two surveys of workers at five manufacturing plants two and 11 years after mass layoffs. After two years, two-thirds of displaced workers had been re-employed, one in five workers was still unemployed, and one in 10 workers had retired. A decade after the plant closures, unemployment had fallen below 5%. Overall, post-displacement outcomes in Switzerland were more favourable than in other European plant closures. However, age disparities loomed large. Older workers struggled to find new jobs and often had to accept large wage cuts and unstable jobs. In particular, many workers in their late forties and early fifties were hit hard as they were too young to benefit from early retirement, but too old to start over.
URI:	https://digitalcollection.zhaw.ch/handle/11475/29604
Related research data:	https://www.swissubase.ch/en/catalogue/studies/10612/12999/overview
Fulltext version:	Published version
License (according to publishing contract):	CC BY-NC 4.0: Attribution - Non commercial 4.0 International
Departement:	School of Health Sciences
Organisational Unit:	Institute of Public Health (IPH)
Appears in collections:	Publikationen Gesundheit

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Oesch, D., Köster, F., Studer, M., & Baumann, I. (2023). Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run. Economic and Industrial Democracy. https://doi.org/10.1177/0143831X231209825

Oesch, D. et al. (2023) ‘Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run’, Economic and Industrial Democracy [Preprint]. Available at: https://doi.org/10.1177/0143831X231209825.

D. Oesch, F. Köster, M. Studer, and I. Baumann, “Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run,” Economic and Industrial Democracy, 2023, doi: 10.1177/0143831X231209825.

OESCH, Daniel, Fiona KÖSTER, Matthias STUDER und Isabel BAUMANN, 2023. Employment and well-being after plant closure : survey evidence from Switzerland on the mid and long run. Economic and Industrial Democracy. 2023. DOI 10.1177/0143831X231209825

Oesch, Daniel, Fiona Köster, Matthias Studer, and Isabel Baumann. 2023. “Employment and Well-Being after Plant Closure : Survey Evidence from Switzerland on the Mid and Long Run.” Economic and Industrial Democracy. https://doi.org/10.1177/0143831X231209825.

Oesch, Daniel, et al. “Employment and Well-Being after Plant Closure : Survey Evidence from Switzerland on the Mid and Long Run.” Economic and Industrial Democracy, 2023, https://doi.org/10.1177/0143831X231209825.