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Job loss: causes, consequences, and policy responses
From 2001 to 2003, 5.3 million workers were displaced. Beyond quantifying the numbers of jobs lost lie important questions about gains and losses from these changes and what policies may affect them. These questions will be addressed at an upcoming Chicago Fed conference.
Newsletter
Assessing the impact of job loss on workers and firms
Many economists agree that the United States? openness to competition and technological change raises our living standards, but sometimes results in job losses. This article summarizes ?Job Loss: Causes, Consequences, and Policy Responses,? a conference which was cosponsored by the Federal Reserve Bank of Chicago and the Joyce Foundation.