After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high …-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings … rose in both low and high-skill jobs, leading to a distinct U-shaped relationship between skill levels and employment and …

greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …

greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …

, when detectable, result from the even faster declines in employment. …