Farooq, Ammar; Kugler, Adriana D. - In: IZA Journal of Labor Policy 4 (2015), pp. 1-28
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in November 2014. Based on existing analyses and some...