Is healthcare employment recession proof? We examine the hypothesis that healthcare employment is stable across the … employment responds to recessions, and show that this response depends largely on the type of the exogenous shock triggering the … recession. We find that healthcare employment responds procyclically to demand-induced recessions; and the reduction is driven …

The Federal Reserve's dual mandate, to achieve maximum employment and stable prices, requires monitoring a broad range … real-time shortfalls from maximum employment, focusing on unemployment and participation cycles. This approach highlights … that employment stability--driven by improved job-finding and reduced job-loss rates--is the primary factor behind …

responsible for the slow recovery of employment, though not for the initial drop. Monetary policy shocks predict an inflation rate … 0.5% below average. Government expenditure innovations do not contribute much either to inflation or to employment …

explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …