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The changing importance of lifetime jobs in the United Kingdom
Author(s) -
STDENIS Xavier
Publication year - 2021
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/ilr.12190
Subject(s) - workforce , demographic economics , labour economics , economics , business , economic growth
Lifetime jobs are generally considered to be a central feature of the post‐war labour market. This article aims to provide more precise data on the prevalence of lifetime jobs in the workforce. It presents a novel method to estimate with cross‐sectional data the probability that workers in different birth cohorts will hold a lifetime job. It finds that the share of UK workers who held such jobs in the post‐war period was low, with variations across socio‐demographic groups. The prevalence of long‐term jobs, but not lifetime jobs, has decreased among men born between 1947 and 1966, partly driven by decreasing job stability during youth.