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Unemployment insurance taxes are experience-rated to penalize firms that dismiss workers. We examine whether experience …, nearly a million jobs in the Great Recession …
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We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI …) initial claims and the more traditional Bureau of Labor Statistics (BLS) employment data to study the impact of COVID-19 on …-at-home policies. UI claims and BLS employment data also largely match these patterns. Nearly all industries and occupations saw …
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Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors … explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by …
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used to boost employment - hiring credits by reducing labor costs for employers, and worker subsidies by raising the … hiring credits targeting employment of disadvantaged workers, and worker subsidies targeting low-income families. Hiring … credits targeting the disadvantaged have generally been regarded as ineffective at both creating jobs and increasing incomes …
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