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Keywords:employment OR Employment 

Journal Article
Maquiladora recovery: lessons for the future

Southwest Economy , Issue Mar , Pages 3-7

Journal Article
Job polarization leaves middle-skilled workers out in the cold

The economy has increased its demand for high-skilled (high-wage) workers, while opportunities for middle-skilled (middle-wage) jobs have declined. This ?job polarization? may require a shift in the sort of training that is encouraged for American workers.
The Regional Economist , Issue Jan

Discussion Paper
The Different Paths of Greece and Spain to High Unemployment

Euro area GDP remains below its 2007 level due to the global financial meltdown and the subsequent sovereign debt crisis in the periphery countries. Unemployment rates make it clear that some countries have fared much worse than others—the rates in Spain and Greece today are over 25 percent and are much higher than rates in the next highest, Portugal (15.7 percent), and in the euro area (11.6 percent). Quite a change from 2007, when Spain and Greece had lower unemployment rates than the euro area as a whole. In this post, we show that while the unemployment rates in the two countries are ...
Liberty Street Economics , Paper 20121128

Briefing
Is Urban Cool Cooling New Jersey’s Job Market?

Since 2000, employment in New Jersey has slowed considerably compared with its relatively steady growth in the late 1980s through the 1990s. As of the second quarter of 2015, New Jersey?s total payroll employment was less than 1 percent greater than it was in the first quarter of 2000.
Research Brief , Issue Q4

Working Paper
Firm Entry and Employment Dynamics in the Great Recession

The 2007-2009 recession is characterized by: a large drop in employment, an unprecedented decline in firm entry, and a slow recovery. Using confidential firm-level data, I show that financial constraints reduced employment growth in small relative to large firms by 4.8 to 10.5 percentage points. The effect of financial constraints is robust to controlling for aggregate demand and is particularly strong in small young firms. I show in a heterogeneous firms model with endogenous firm entry and financial constraints that a large financial shock results in a long-lasting recession caused by a ...
Finance and Economics Discussion Series , Paper 2014-56

Discussion Paper
Assessing the Outlook for Employment across Industries

Job gains exceeded output growth in 2022, bringing GDP per worker back down to its trend level after being well above for an extended period. Employment is consequently set to grow slower than output going forward, as it typically does. Breaking down the GDP per worker by industry, though, shows a significant divergence between the services and goods-producing sectors. Productivity in the services sector was modestly above its pre-pandemic path at the end of last year, suggesting room for relatively strong employment growth, with the gap particularly large in the health care, professional and ...
Liberty Street Economics , Paper 20230510

Speech
Rules of Three

Remarks at Bronx EDC and BICNY’s 2024 Regional Economic Outlook, White Plains, New York.
Speech

Speech
A Brief History of the Fed Universe

In remarks to the Greater Vineland Chamber of Commerce in New Jersey, Philadelphia Fed President Patrick T. Harker kept his outlook in line with that of recent weeks. ?I continue to be in wait-and-see mode, and my outlook for rates remains, at most, one hike for 2019 and one for 2020,? he said.
Speech , Paper 164

Journal Article
The Post-9/11 GI Bill

Fewer veterans are using their education benefits. Is this trend a problem — or a sign of a more welcoming job market?
Econ Focus , Issue 2Q , Pages 4-8

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