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Journal Article
The weak jobs recovery: whatever happened to \\"the great American jobs machine\\"?
Authors Freeman and Rodgers find that the current recovery, which started in 2001, has been the worst in recent history in terms of job creation. They determine that the slow employment growth of the recovery is not attributable to the poor performance of a particular sector, nor is it concentrated in certain geographic areas. ; The authors conclude that the weak jobs recovery represents a major shift in the link between the labor market and the economy over the business cycle. They also find that the slow job growth has disproportionate effects on groups especially sensitive to business ...
Conference Paper
Labor market imbalances: shortages, or surpluses, or fish stories?
There are two competing narratives about the how the labor market in the US will develop over the next decade or two: the Impending Shortage narrative and the Globalization Surplus narrative.
Conference Paper
Does the location of ideas matter for employment and earnings in the Internet age?
Freeman talked about the development of ideas and their impact on U.S. workers. It used to be the case that the place where new knowledge was created had an advantage in commercializing it. But Freeman argues that modern communications technologies allow new ideas rapid exposure on a world stage, where the ever-growing numbers of technically skilled workers in developing countries stand capable of turning them into profit-making opportunities. Freeman emphasizes the need for policies that foster knowledge creation in areas where the home-field advantage can be maintained. He says that the ...
Journal Article
Labor market institutions and earnings inequality