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Risk and return: housing tenure and labour market adjustment after employment loss in the automotive sector in Southern Adelaide

机译:风险与回报:阿德莱德南部汽车业失去就业后的房屋保有权和劳动力市场调整

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This paper examines the interaction between housing tenure and the propensity of displaced workers from the automotive sector to be employed one year to 18 months post-redundancy. It considers the 'Oswald thesis' that home ownership contributes to higher rates of unemployment in advanced economies and reviews this proposition using survey data from 314 households. The paper focuses on the experience of workers retrenched from the Lonsdale and Tonsley Park plants of Mitsubishi Motors Australia Ltd and, unlike some other research, finds general support for the Oswald thesis. It is suggested that a number of factors contribute to a lower rate of re-engagement with the formal labour market by home owners, including the absence of locally available employment, the high cost of transport to regions where employment is on offer and a strong sense of attachment to their region.
机译:本文研究了住房任期与冗余后一年至1​​8个月的汽车行业流离失所工人的就业倾向之间的相互作用。它考虑了“奥斯瓦尔德论点”,即拥有住房会导致发达经济体的失业率上升,并使用来自314户家庭的调查数据来审查这一主张。本文着重介绍了从三菱汽车澳大利亚有限公司Lonsdale和Tonsley Park工厂退休的工人的经历,并且与其他一些研究不同,该研究为Oswald论文提供了普遍支持。有人认为,许多因素会导致房主降低与正规劳动力市场的重新接触率,包括缺乏当地可用的就业机会,前往提供就业机会的地区的高运输成本以及强烈的意识。对他们所在地区的依恋。

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