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Between 1940 and 1950 wage differentials within and between labor market groups narrowed significantly - the so-called 'Great Compression'. This paper disaggregates the Great Compression into its public and private components. Wage compression in the public sector, along with a decline in the...
Persistent link: https://www.econbiz.de/10013237561
-level data on income, employment, unemployment, and the area's racial composition from the published volumes of the federal … blacks' income and employment that were economically significant and that may have been larger in the long run (1960 …
Persistent link: https://www.econbiz.de/10013221887
Between 1950 and 1970 the labor force participation rate of southern black males aged 16-19 declined by 27 percentage points. This decline has been attributed to two demand-side shocks: the mechanization of cotton agriculture in the 1950s and extensions in the coverage of the federal minimum...
Persistent link: https://www.econbiz.de/10013139248
occupation. Because the probability of re-employment, conditional on unemployment, appears to have declined with age, the …
Persistent link: https://www.econbiz.de/10012760013
This paper surveys recent research on the labor force in the nineteenth century. I examine trends in the aggregate size, demographic, occupational and industrial composition of the labor force; short-run and long-run movements in nominal and real wages; hours of work; the development of the...
Persistent link: https://www.econbiz.de/10012760017