We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …

, and that previous employment tends to raise the probability of subsequent employment …

Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …

are four main conclusions. First, labor force transitions are the principal determinant of fluctuations in employment and …. Likewise, most spells of employment end with labor force withdrawal rather than unemployment. Second, traditional estimates of …

.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …

, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …

Employment rates in Puerto Rico range from 55 to 65 percent of U.S. rates during the past thirty years. This huge … employment shortfall holds for men and women, cuts across all education groups, and is deeper for persons without a college … educated workers. Motivated by these facts, we identify several factors that undermine employment growth and business …

find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …