frequently mismatched in their employment, and firms create jobs to take advantage of this mismatch. Data on gross job creation …This paper estimates the response of the unemployment rate and labor force participation rate to exogenous variation in … variable. A one percent increase in the youth share reduces the unemployment rate of young workers by more than one percent …

frequently mismatched in their employment, and firms create jobs to take advantage of this mismatch. Data on gross job creation …This paper estimates the response of the unemployment rate and labor force participation rate to exogenous variation in … variable. A one percent increase in the youth share reduces the unemployment rate of young workers by more than one percent …

This paper accounts for the observed increase in unemployment duration relative to the unemployment rate in the U ….S. over the past thirty years, typified by the record low level of short-term unemployment. We show that part of the increase … remaining increase in unemployment duration relative to the unemployment rate is concentrated among women, whose unemployment …