Full Citation

Title: Labor Market Volatility and Worker Financial Wellbeing: An Occupational and Gender Perspective

Citation Type: Working Paper

Publication Year: 2024

ISBN:

ISSN:

DOI: 10.36687/inetwp217

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Abstract: One emerging but underexplored factor that is likely to contribute to group racial earnings disparity is unstable work schedules. This is often detrimental for hourly workers when volatility is frequent, involuntary, or unanticipated. Using data from 2005-2022 monthly Current Population Survey and its panel design, this study follows a group of hourly workers across a four-month period to assess whether labor market volatility relates to their financial well-being, focusing on low-wage care and service occupations as well as female workers and workers of color. The findings are threefold: In general, during economic expansion periods, nonwhite workers often benefit more in terms of wage growth compared to their white counterparts.

Url: https://download.ssrn.com/24/01/23/ssrn_id4704183_code2361034.pdf?response-content-disposition=inline&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEBgaCXVzLWVhc3QtMSJIMEYCIQCSNTndqkV0X6466%2F12ntUQeH9VIgX25koKhd4ixdSxGAIhAO4FkU2gXlMmNp2gKQc9qE%2FPm6xrePKZndDJHLzM

User Submitted?: No

Authors: Cai, Julie Y

Series Title: SSRN

Publication Number: 217

Institution: Institute for New Economic Thinking

Pages: 1-31

Publisher Location:

Data Collections: IPUMS CPS

Topics: Gender, Labor Force and Occupational Structure, Race and Ethnicity

Countries: