Unemployment recoveries in the US have been inexorable. Between 1948 and 2019, the annual reduction in the unemployment …, unemployment continues to glide down. Occasionally, unemployment rises rapidly during an economic crisis, while most of the time …, unemployment declines slowly and smoothly at a near-constant proportional rate. We show that similar properties hold for other …

understanding that their jobs still exist and that they will be recalled. We show that the resulting temporary-layoff unemployment … mostly dissipated by the end of 2020. Potential workers without jobs constitute what we call jobless unemployment. Shocks … that elevate jobless unemployment have much more persistent effects. Historical major adverse shocks, such as the financial …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

term unemployment. Perhaps surprisingly, we find no overall significant negative effects of parental mass layoffs on … following unemployment. This last finding would not have appeared using a traditional two-way fixed effects approach, which …

In this paper we investigate the recent fall in unemployment, and the rise in part-time work and labour market … participation amongst prime-aged Germans. We show that unemployment fell because the Hartz reforms induced a large fraction of the … probabilities show that observed changes in the stocks of registered and unregistered unemployment as well as marginal, contributed …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …