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implied by new unemployment claims: we estimate 20 million lost jobs by April 6th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012836425
unemployment, these lost work opportunities were costly to existing residents …
Persistent link: https://www.econbiz.de/10012776457
As of 2004 California employed almost 30% of all foreign born workers in the U.S. and was the state with the largest percentage of immigrants in the labor force. It received a very large number of uneducated immigrants so that two thirds of workers with no schooling degree in California were...
Persistent link: https://www.econbiz.de/10012777397
employment generation have been disappointing. Most worryingly, unemployment is currently among the highest in the world. While … the proximate cause of high unemployment is that prevailing wages levels are too high, the deeper cause lies elsewhere …. High unemployment and low growth are both ultimately the result of the shrinkage of the non-mineral tradable sector since …
Persistent link: https://www.econbiz.de/10012778285
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to … previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is … us to model duration dependence in all labor force flows involving either unemployment or non-participation. To calibrate …
Persistent link: https://www.econbiz.de/10012908170
Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The answer to this question is central to a proper assessment of many trade and industrial policies. In this paper, we explore this question by examining how predictable changes in...
Persistent link: https://www.econbiz.de/10012760221
The Great Depression of the 1930s led contemporaries to worry that people hit by hard times would turn to crime in their efforts to survive. Franklin Roosevelt argued that the unprecedented and massive expansion in relief efforts quot;struck at the roots of crimequot; by providing subsistence...
Persistent link: https://www.econbiz.de/10012760461
welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment benefits in the United States, but highlight the need for more research on the determinants of reservation wages. Our …
Persistent link: https://www.econbiz.de/10012760612
behaviors in 10th grade eliminates the unemployment effect, but strengthens the wage effect. As the latter is not explicable by …
Persistent link: https://www.econbiz.de/10012760640
employment, GDP, and unemployment. The release of resources from the housing sector lowers investment goods prices, and thereby …
Persistent link: https://www.econbiz.de/10012769272