Multiple Job Holding, Local Labor Markets, and the Business Cycle

33 Pages Posted: 22 Jan 2016

See all articles by Barry T. Hirsch

Barry T. Hirsch

Georgia State University; IZA Institute of Labor Economics

Muhammad Husain

Georgia State University

John V. Winters

Iowa State University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: December 2015

Abstract

About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple job holding and local unemployment rates using a large Current Population Survey data set of workers in urban labor markets during 1998-2013. High unemployment labor markets have moderately lower rates of multiple job holding. Yet no relationship between multiple job holding and unemployment is found within markets over time, with near zero estimates being precisely estimated. The response of multiple job holding to unemployment is acyclic.

Keywords: Multiple Jobs, local labor markets, business cycle

JEL Classification: J21

Suggested Citation

Hirsch, Barry T. and Husain, Muhammad and Winters, John V., Multiple Job Holding, Local Labor Markets, and the Business Cycle (December 2015). Andrew Young School of Policy Studies Research Paper Series No. 16-01. Available at SSRN: https://ssrn.com/abstract=2719633 or http://dx.doi.org/10.2139/ssrn.2719633

Barry T. Hirsch (Contact Author)

Georgia State University ( email )

Department of Economics
Andrew Young School of Policy Studies
Atlanta, GA 30302-3992
United States
404-413-0880 (Phone)
404-413-0145 (Fax)

HOME PAGE: http://www2.gsu.edu/bhirsch

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Muhammad Husain

Georgia State University ( email )

35 Broad Street
Atlanta, GA 30303-3083
United States

John V. Winters

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
26
Abstract Views
292
PlumX Metrics