Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …

workers are unemployed. Both the reemployment hazard rate and reemployment earnings steadily fall with unemployment duration …

more of them are residing with their parents. The unemployment rate at 23-27 year old for the 1996 college graduation … explain two thirds of the rise in unemployment and coresidence between the 2013 and 1996 graduation cohorts. Rising wage … dispersion is also important for the increase in unemployment, while declining parental income, rising student loan balances and …

-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …

presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which … and individual's life and their financial and job situations plus their views on the economic and employment situation of … variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 …

stems from reductions in employment and hours as opposed to wage rates: job losers are twice as likely to report being … rents from holding a full-time $15 per hour job relative to unemployment are worth about $20,000, more than seven times …

-augmenting technologies on occupation-level employment and wage bills. A model featuring labor-saving and labor-augmenting technologies with …

employment-population ratio of natives to test for crowding out at the national level. Third, we analyze occupational upgrading … calculate a positive employment rate effect for most native workers. Even simulations for the most recent 2019-2022 period … suggest small positive effects on wages of non-college natives and no significant crowding out effects on employment …