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What are the long-term effects of plant closures on workers careers and well-being?

By Fiona Köster

 

Fiona Köster is a PhD Candidate in social sciences at the University of Lausanne. Due to the Great Recession that started in 2008, several manufacturing plants shut down in Switzerland. Together with Isabel Bauman and Daniel Oesch, she studied the impact on workers career paths and wellbeing after they were displaced due to plant closures. Through the analyzed data they could see that younger workers had it easier than middle-aged ones. Older workers often opted for early-retirement or went through unemployment before they eventually retired. In Fiona’s story, three men are depicted as composite figures for different age groups.

 

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