Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
Author:Bosler, Canyon 

Working Paper
The Outlook for U.S. Labor-Quality Growth

Over the past 15 years, labor-quality growth has been very strong?defying nearly all earlier projections?and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on productivity growth in the medium term. Using a variety of methods, we project that potential labor-quality growth in the longer run (7 to 10 years out) is likely to fall in the range of 0.1 to 0.25 percent per year. In the medium term, labor-quality growth could be lower or even negative, should employment ...
Working Paper Series , Paper 2016-14

Journal Article
Mixed signals: labor markets and monetary policy

Since the Great Recession, standard ways of measuring the labor market have given mixed signals about the strength of the U.S. recovery. This has increased the uncertainty around how to interpret job market conditions, which has made calibrating monetary policy to achieve full employment more challenging. Ultimately, policymakers need to make judgments about how much these conflicting indicators reflect cyclical weakness in the job market versus structural factors that would be less easily remedied with monetary policy.
FRBSF Economic Letter

Journal Article
Job-to-Job Transitions in an Evolving Labor Market

Job mobility in the United States has been slowing for almost two decades. The most prominent measure of mobility is direct transitions from one job to another. This measure has declined substantially among young workers ages 16 to 24 since the late 1990s, which helps explain the majority of the overall decline in job-to-job transition rates. However, for workers ages 25 and older, the labor market is essentially as dynamic today as it was 20 years ago.
FRBSF Economic Letter



FILTER BY Content Type


Daly, Mary C. 2 items

Fernald, John G. 1 items

Hobijn, Bart 1 items

Nechio, Fernanda 1 items

Petrosky-Nadeau, Nicolas 1 items

show more (1)

FILTER BY Jel Classification

J24 1 items

O47 1 items

O51 1 items