They describe displacement trends and the characteristics of displaced workers, comparing them to those in North America during a major recession. They analyze the determinants of displacement in the framework of labor turnover, and explore factors associated with postdisplacement wage losses. Workers try to avoid displacement both by switching to another job and by leaving the labor force. Before becoming displaced, they also take wage cuts. Both the probability of displacement and the probability of job quits are negatively correlated with tenure.
Women are no more likely to be displaced than men, and face smaller postdisplacement wage losses.
Non-Slovenians are no more likely to be displaced than Slovenians, and face equal wage losses. Firm characteristics matter. The smaller and less profitable the firm, the greater the likelihood of both displacement and job-switching. About half the displaced workers who find new jobs change occupations and about a third change industry. Only about a third of workers displaced in 1990 had found a job by the end of 1991.