Labour Market Insecurity and Second Job-Holding in Europe

20 Pages Posted: 7 Jun 2015

See all articles by Alexandros Zangelidis

Alexandros Zangelidis

University of Aberdeen - Business School

Date Written: July 1, 2014

Abstract

The recent labour market trends reveal an increase of job insecurity across Europe, with more short-term jobs currently available in the labour market, and lengthier spells of joblessness. The need on behalf of individuals to seek for alternative ways of ensuring employment security and a continuous income stream becomes paramount. This paper explores whether second job-holding can be viewed as a hedging strategy against income and employment uncertainty. The results, using the EU-LFS, provide supporting evidence, suggesting that both the incidence and intensity of dual job-holding increases as labour markets become more volatile and precarious jobs more prevalent.

Keywords: Multiple job holding, labour market insecurity, precarious employment, unemployment

JEL Classification: J22, J60

Suggested Citation

Zangelidis, Alexandros, Labour Market Insecurity and Second Job-Holding in Europe (July 1, 2014). Available at SSRN: https://ssrn.com/abstract=2615268 or http://dx.doi.org/10.2139/ssrn.2615268

Alexandros Zangelidis (Contact Author)

University of Aberdeen - Business School ( email )

Edward Wright Building
Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom

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