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Journal Article
The effect of immigrants on U.S. employment and productivity
The effects of immigration on the total output and income of the U.S. economy can be studied by comparing output per worker and employment in states that have had large immigrant inflows with data from states that have few new foreign-born workers. Statistical analysis of state-level data shows that immigrants expand the economy's productive capacity by stimulating investment and promoting specialization. This produces efficiency gains and boosts income per worker. At the same time, evidence is scant that immigrants diminish the employment opportunities of U.S.-born workers.
Journal Article
Another jobless recovery?
The expansion of the 1990s began with such unexpectedly slow employment growth that commentators called it the ?jobless recovery.? As the economy now begins to expand after the most recent recession, will employment follow the typical path of most postwar recoveries, or will it repeat the pattern of the 1990s? A look at trends in employment, unemployment, and the labor force participation rate reveals important similarities with the jobless recovery. That said, one of the similarities is an unusually low unemployment rate, which suggests the recovery might be better characterized as ...
Journal Article
Assessing employment growth in 2007
This Economic Letter discusses the sources of the recent discrepancy between two employment growth data series produced by the U.S. Bureau of Labor Statistics.
Journal Article
An expanded look at employment
Journal Article
Jobs after the war