With the onset of the recession in 1990, job security has moved to the forefront of labor market concerns in the United States. During economic downturns, American employers rely heavily on layoffs to cut their work force, much more than do their counterparts in other industrialized nations. The hardships imposed by these layoffs have led many to as whether the U.S. workers can be offered more secure employment without burdening the companies that employ them.
Job Security in America: Lessons from GermanyKatharine G. Abraham and Susan N. Houseman ,
Brookings Institution Press