Reconceptualizing the nature and health consequences of work-related insecurity for the new economy: the decline of workers' power in the flexibility regime.

This article aims to reconceptualize job insecurity in a manner relevant to shifts in the power relations of work that have accompanied globalization, in order to assess the implications for workers' health. The linkage between job insecurity and health has been well established, but little formal theorizing has analyzed the mechanisms responsible. Implicitly, however, the assumption remains that its role as a stressor is limited to the realm of job strain, whereby workers lack control over a threatened employment situation. Within this framework, job insecurity and related dimensions of power remain locked in the "box" of the standard employment relationship, precluding an analysis of work-related insecurity in the new context of globalization. In contrast, the author constructs a model of work-related insecurity that takes into account current shifts in the balance of power toward employers, which in turn has undermined the fundamental quid pro quo associated with the standard postwar model of employment. She proposes that job insecurity is no longer a mere temporary break in an otherwise predictable work-life pattern but rather a structural feature of the new labor market. Emerging contingencies associated with the New Economy, "flexibilized" employment relationships, and diminution of workers' power have constituted work-related insecurity as a chronic stressor with several implications for long-term health outcomes at the individual and societal levels.