Search Results
The Labor Effects of Work from Home on Workers with a Disability
Work from home appears to have improved labor outcomes for workers with a disability in terms of unemployment, labor force participation, and wages and hours worked.
Journal Article
Where Are Labor Markets the Tightest? A Tale of the 100 Largest US Cities
How does labor market tightness vary across the US, and how have labor markets changed since the pandemic? The vacancy-to-unemployment ratio is a common measure.
Job Mobility Patterns and Lifetime Earnings Disparities among Male Workers
Examining long-term wage growth of male workers, an analysis finds that job mobility can provide insights into the disparities in lifetime earnings distribution.
Journal Article
Where Are the Workers? A Look into the Decline in Immigration
The number of missing workers in the US labor force peaked at 2.58 million in June 2020 during the pandemic, but immigration restrictions are likely not the main driver of the high vacancy-to-unemployment ratio.
Journal Article
Nominal Wage Adjustments during High Inflation and Tight Labor Markets
The U.S. economic recovery after COVID has been characterized by relatively high inflation and low unemployment. At the same time, average wages increased at a rapid pace during this period, faster than in previous years. Grigsby, Hurst, and Yildirmaz (2021) study nominal wage rigidity in the United States and document that before the pandemic, wage declines were rare and over 35 percent of workers would not receive a wage increase year over year. Given the larger-than-usual aggregate wage growth in the aftermath of the pandemic, we revisit these results and study the frequency and the ...
How Job Risk and Human Capital Shape Male Lifetime Earnings Disparities
Higher unemployment risk and fewer outside job offers appear to be key reasons why some men end up at the bottom of the lifetime earnings distribution for male workers.
Journal Article
The Effect of COVID-19 Immigration Restrictions on Post-Pandemic Labor Market Tightness
During the COVID-19 pandemic, there were unprecedented shortfalls in immigration. Concurrently, as the economy recovered, the labor market became tight, with the number of vacancies per unemployed worker reaching two, more than twice its pre-pandemic average. In this article, we investigate whether these two trends are connected. We find no evidence to support the hypothesis that the immigration shortfalls caused the tight labor market, for two main reasons. First, while the immigration deficit peaked at about two million workers, this number had largely recovered by February 2022, just as ...
Working Paper
The Effect of COVID Immigration Restrictions on Post-Pandemic Labor Market Tightness
During the COVID-19 pandemic, there were unprecedented shortfalls in immigration. Concurrently, as the economy recovered, the labor market became tight, with the number of vacancies per unemployed worker reaching two, more than twice its pre-pandemic average. In this article, we investigate whether these two trends are connected. We find no evidence to support the hypothesis that the immigration shortfalls caused the tight labor market, for two main reasons. First, while the immigration deficit peaked at about two million workers, this number had largely recovered by February 2022, just as ...
Why Do WFH Workers Move?
Job opportunities have been a key reason why workers move to another state. What drives interstate migration for remote workers, who can do their jobs from anywhere?
Revisiting Wage Growth in 2023
An analysis finds that nominal wage growth peaked in 2022. In 2023, wages increased but at a slower rate, and growth has yet to return to pre-pandemic levels.