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

.e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these … pressures on employment from participation are two-thirds that of unemployment. Moreover, the participation cycle delays the … recovery in employment because it lags the unemployment cycle. It also amplifies the unevenness of the impact of recessions …

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 …

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 …

This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …

U.S. output has expanded only slowly since the recession trough in 2009, even though the unemployment rate has … output shortfall, giving full treatment to cyclical effects that, given the depth of the recession, should have implied … largely unrelated to the financial crisis and recession--and that were in play before the recession …

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 …

for contraction. Using the JOLTS data, we show that churn decreased significantly during the most recent recession with …