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α: calibrated so average coauthorship-adjusted count equals average raw count
How long does a job last in Britain? The authors find that many workers have very short jobs and many have very long jobs. They estimate that in 1990, 40 percent of men were in jobs that will last twenty years or more. On the other hand, 24 percent were in jobs lasting less than five years. The authors conclude that the labor market is still capable of offering 'lifetime jobs' to many workers. Policy analysis of issues such as reform of the welfare state, pensions, and training should take note that reports of the death of 'jobs for life' appear to be exaggerated. Copyright 1997 by Blackwell Publishing Ltd