country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …

country has experienced since the Great Depression. In this paper we decompose the changes in the unemployment rate by … examining worker ows into and out of unemployment during the last four recessions in the United States with a special focus on … contributions to the aggregate unemployment rate changes, we attempt to evaluate the relative importance of cyclical and structural …