The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean … countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth … to major sources of labor market determinants, in the long and short run. The main determinants of employment include …

decline given population aging. This paper's measure of the “employment gap” also suggests that labor market slack remains and … employment. In addition, given the continued downward pressure on the LFPR, labor supply measures will be an essential component …

larger positive GDP growth comovement, while higher import linkages lead to higher negative employment growth comovement …

professional forecasts over the past 30 years for 34 advanced economies. We find that when employment rises unexpectedly …, forecasters typically raise their long-term forecasts of employment by more than one-for-one and also expect a strong rise in …-term effects on expected employment and labor force participation, suggesting positive hysteresis. Our forecast evaluation tests …