Search Results
Journal Article
The temporary labor force
Journal Article
Is retraining displaced workers a good investment?
Journal Article
Unemployment and wage growth: recent cross-state evidence
This article shows that even in recent years there is a relatively robust, negative cross-state correlation between appropriate measures of unemployment and wage growth.
Journal Article
The decline of job security in the 1990s: displacement, anxiety, and their effect on wage growth
This article shows that job displacement rates for high-seniority workers and a consistently constructed measure of workers' fears of job loss both rose during the 1990s. It then explores the relationship between these measures of job displacement and worker anxiety and wage growth.
Journal Article
The decline in teen labor force participation
The authors examine the recent decline in teen work activity, offering explanations for both the long secular decline since the late 1970s and the recent acceleration in this decline since 2000. They argue that much of this pattern is due to a significant increase in the rewards to formal education. They also explore the importance of changes to labor demand, crowding out by substitutable workers, the increased work activity of mothers, and increases in wealth.
Journal Article
Trends in homeownership: race, demographics, and income
The nation's homeownership rate recently reached an all-time high, with especially large gains among black households. This article quantifies the impact of underlying demographic and income trends on homeownership, concluding that while much of the increase in the aggregate homeownership rate can be attributed to faster growth in real incomes, the gains experienced by blacks may, in part, reflect a new regulatory environment.
Journal Article
Growth in worker quality
This article shows that increases in the educational attainment and labor market experience of the U.S. work force have led to an advance in labor productivity of more than 0.2 percentage points per year since the early 1960s. Estimates show, however, some declaration in the pace of labor quality improvements toward the end of the 1990s. Forecasts call for a continued decline over the remainder of the current decade.
Journal Article
Can sectoral reallocation explain the jobless recovery?
This article reconsiders the case for sectoral labor reallocation's role in the jobless recovery. The authors review and critique previous attempts to measure sectoral reallocation, with a particular emphasis on the recent contribution of Groshen and Potter (2003). Their conclusion, based on an extension of Rissman (1997), is that the need of reallocate employment across industries was lower during the most recent two recessions than in previous business cycles. Therefore, sectoral reallocation likely has not played an important role in the jobless recoveries.
Journal Article
Long-term earnings losses of high-seniority displaced workers
Journal Article
Assessing the jobless recovery
This article reviews trends in employment growth during the recent recovery, including new evidence that much of the increase in self-employment since the beginning of the recession is likely a reflection of the weak labor market conditions of the last three years. The authors also offer thoughts on the strengths and weaknesses of several explanations for the disappointing employment growth of the last few years.