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

33 Pages Posted: 18 Jan 2016

See all articles by Barry T. Hirsch

Barry T. Hirsch

IZA Institute of Labor Economics; Georgia State University

Muhammad Husain

Georgia State University

John V. Winters

Iowa State University - Department of Economics

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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 Hirsch, Barry T. and Husain, Muhammad and Winters, John V., Multiple Job Holding, Local Labor Markets, and the Business Cycle. IZA Discussion Paper No. 9630, Available at SSRN: https://ssrn.com/abstract=2716571 or http://dx.doi.org/10.2139/ssrn.2716571

Barry T. Hirsch (Contact Author)

IZA Institute of Labor Economics

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Georgia State University ( email )

Department of Economics
Andrew Young School of Policy Studies
Atlanta, GA 30302-3992
United States
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HOME PAGE: http://unionstats.gsu.edu/bhirsch

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

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