Arbeitspapier

Job Security and Job Protection

We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and OECD summary measures of Employment Protection Legislation (EPL) strictness on one hand, and Unemployment Insurance Benefit (UIB) generosity on the other. We find that, after controlling for selection into job types, workers feel most secure in permanent public sector jobs, least secure in temporary jobs, with permanent private sector jobs occupying an intermediate position. We also find that perceived job security in both permanent private and temporary jobs is positively correlated with UIB generosity, while the relationship with EPL strictness is negative: workers feel less secure in countries where jobs are more protected. These correlations are absent for permanent public jobs, suggesting that such jobs are perceived to be by and large insulated from labor market fluctuations.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 1489

Classification
Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Safety; Job Satisfaction; Related Public Policy
General Welfare; Well-Being
Subject
perceived job security
Employment Protection Legislation
Unemployment Insurance Benefits
Arbeitsplatzsicherung
Arbeitnehmerschutz
Kündigungsschutz
Arbeitslosenversicherung
Meinungsforschung
EU-Staaten

Event
Geistige Schöpfung
(who)
Clark, Andrew E.
Postel-Vinay, Fabien
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2005

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Clark, Andrew E.
  • Postel-Vinay, Fabien
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2005

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