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 …

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 ….e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these …

Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … primary conclusions emerge. First, both participation and unemployment must be considered in any analysis of cyclical changes … 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 … largely unrelated to the financial crisis and recession--and that were in play before the recession … essentially returned to a pre-crisis, normal level. We use a growth-accounting decomposition to explore explanations for the …

What accounts for inflation after 2008? We use the prominent pre-crisis Smets-Wouters (2007) model to address this … the long-run average. Their standard deviation is similar to its pre-crisis level. Price markup shocks were also … responsible for the slow recovery of employment, though not for the initial drop. Monetary policy shocks predict an inflation rate …

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 …