Journal of Economic Perspectives
ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)
The Worker Adjustment and Retraining Notification Act
Journal of Economic Perspectives
vol. 8,
no. 1, Winter 1994
(pp. 181–190)
(Complimentary)
Abstract
With the passage of the 1988 Worker Adjustment and Retraining Notification Act, the United States belatedly joined the large number of industrialized nations that require employers to provide affected workers with advance notice of a plant closing or mass layoff. The authors review the legislation, and consider the possible effects of the mandate on workers' postdisplacement outcomes. Their examination of the impact of the law reveals that the quantity of notice has not increased since the act went into effect. The authors conclude by considering possible reasons why the law has been ineffective.Citation
Addison, John T., and McKinley L. Blackburn. 1994. "The Worker Adjustment and Retraining Notification Act." Journal of Economic Perspectives, 8 (1): 181–190. DOI: 10.1257/jep.8.1.181JEL Classification
- J65 Unemployment Insurance; Severance Pay; Plant Closings
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