Showing 61 - 70 of 10,742
We analyze quarterly occupation-level data from the US Current Population Survey for 1976-2013. Based on common cyclical employment dynamics, we identify two clusters of occupations that roughly correspond to the widely discussed notion of "routine" and "non-routine" jobs. After decomposing the...
Persistent link: https://www.econbiz.de/10013018390
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013051614
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
support measures, in the short term, the Romanian labour market is facing the unemployment rate increase, at least in 2020, as …
Persistent link: https://www.econbiz.de/10012491686
using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that …
Persistent link: https://www.econbiz.de/10012780165
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24 ….6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief … adjust. The effects of generous unemployment benefits and the large underground economy may explain 6-12 percentage points of …
Persistent link: https://www.econbiz.de/10012781627
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011558505
Deindustrialization in advanced countries (especially in the United States) has been discussed since the 1980s, but what we actually have observed is a distinct pattern of employment deindustrialization rather than a severe decline in the output share of manufacturing. Meanwhile, the service...
Persistent link: https://www.econbiz.de/10014078324
reverse transition probability. We compare the dynamics of unemployment and involuntary part-time employment to argue that … they reflect the operation of distinct labor-adjustment channels. While unemployment dynamics are driven by movements in …
Persistent link: https://www.econbiz.de/10014109553
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …
Persistent link: https://www.econbiz.de/10012591149