A0202
Title: Measuring labor market precarity: A multidimensional econometric approach
Authors: Petros Kosmas - Cyprus University of Thechnology (Cyprus) [presenting]
Abstract: A multidimensional framework is proposed to identify and measure labor market precarity by integrating three indicators: The precariousness indicator (capturing employment instability), the vulnerability indicator (assessing economic insecurity), and the precarity indicator, which reflects their intersection. Using microdata from labor market surveys, the framework applies a structured econometric approach to (a) examine the determinants of precarious employment and economic vulnerability and (b) estimate the share of employees simultaneously affected by both conditions, thereby entering a state of precarity. This methodological design offers a systematic means of analyzing labor market fragility and its broader implications for workforce stability and economic resilience.