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The labor-force participation rates of prime-age U.S. workers dropped in March 2020--the start of the COVID-19 pandemic--and have still not fully recovered. At the same time, substance-abuse deaths were elevated during the pandemic relative to trend indicating an increase in the number of...
Persistent link: https://www.econbiz.de/10013191027
International Adult Literacy Survey we find that employment of skilled to unskilled labour is unrelated to differences in skill … premium but that changes in relative employment are related to changes in relative wages raising the possibility of some … substitution behavior. Still, the differing dispersion of wages is not a major contributor to differences in employment rates. The …
Persistent link: https://www.econbiz.de/10012471302
Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012660077
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10012814426
Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and …
Persistent link: https://www.econbiz.de/10012477773
of its effect on employment and unemployment. Our discussion of the theory emphasizes recent work using two-sector and … heterogeneous-worker models. We then summarize and evaluate the large literature on employment and unemployment effects of the … minimum on teenagers. Finally, we survey the evidence of the effect of the minimum wage on adult employment, and on employment …
Persistent link: https://www.econbiz.de/10012478265
as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … shock, however, so the independent employment effect of the China shock is reduced by about 20-30%, with that remainder …
Persistent link: https://www.econbiz.de/10012480375
This paper summarizes the main lessons learned from Law and Employment: Lessons from Latin America and the Caribbean, a … microdata data. The evidence shows that regulation reduces labor market flexibility, reduces the employment of marginal workers …
Persistent link: https://www.econbiz.de/10012468565
, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …
Persistent link: https://www.econbiz.de/10012470075
have two findings to report. First, the data collected by CK appear to indicate greater employment variation over the eight …-month period between their surveys than do the payroll data. For example, in the full sample the standard deviation of employment … change in CK's data is three times as large as that in the payroll data. Second, estimates of the employment effect of the …
Persistent link: https://www.econbiz.de/10012473653