Worker flows and matching efficiency
Abstract: Although job vacancies have increased quite significantly since mid-2009, the unemployment rate has not declined significantly. This article analyzes the matching efficiency of jobs and workers in U.S. labor markets and its impact on the behavior of the unemployment rate and other labor market outcomes since the start of the latest recession.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2011/4qtr2011_part3_veracierto.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2011
Issue: Q IV