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Federal Reserve Bank of San Francisco
FRBSF Economic Letter
Do Job Market Networks Help Recovery from Mass Layoffs?
David Neumark
Judith K. Hellerstein
Mark J. Kutzbach
Abstract

Labor market networks are informal connections among neighbors, coworkers, family, and friends that help people find jobs through sharing information about job openings or applicants. These networks appear to play a valuable role in helping workers recover after mass layoffs. Among relatively low-skilled workers who lost their jobs in mass layoffs, those living in neighborhoods with stronger labor market connections among neighbors found new jobs more quickly. Moreover, workers who found jobs through network connections also found better positions that paid more and lasted longer.


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David Neumark & Judith K. Hellerstein & Mark J. Kutzbach, "Do Job Market Networks Help Recovery from Mass Layoffs?" , Federal Reserve Bank of San Francisco, FRBSF Economic Letter, number 05, 2018.
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