ERIC Number: ED099479
Record Type: Non-Journal
Publication Date: 1973-Dec
Reference Count: N/A
Unemployment in the Defense Industry: An Analysis of the Unemployed Worker's Job Search Strategy and the Manpower Policies of the Firm.
Yeager, James Hickman, Jr.
The unemployment problem in the defense industry has often had the attention of Federal policy makers over the past several years. Analyzing this problem was accomplished by first examining the job search behavior of skilled unemployed defense workers. This search strategy differs among the unemployed workers and depends on personal characteristics such as age, sex, level of education, and prelayoff salary. In addition, the job search behavior of these individuals depends on each worker's level of specific skill and his personal valuation of the probability of recall by his former employer. The manpower policies of firms in the defense industry were next examined through an analysis of the factors which affect the individual firm's optimal stock of labor. In addition, the influence of the displaced worker's job search strategy on the firm's management of its labor force was determined. These hypotheses were then empirically tested with data available from surveys of workers laid off by three defense firms during the years 1963-65. (Included is a three-page bibliography.) (Author/BP)
Publication Type: Dissertations/Theses
Education Level: N/A
Sponsor: Manpower Administration (DOL), Washington, DC.
Authoring Institution: N/A