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Journal Article
Opportunity knocks: improved matching of jobs and workers

Tzemen and Willis illustrate that over the past year, workers found jobs more closely matched to their educational attainment.
Macro Bulletin

Journal Article
A Slowdown in Job Vacancies Is Likely to Coincide with Higher Unemployment and Slower Wage Growth

Recently, some market observers have proposed that job vacancies could decline, and ease wage growth, without a commensurate increase in the unemployment rate. However, we find that the typical relationship of declining job vacancies and higher unemployment holds even at exceptionally low levels of the unemployment rate. A notable decline in job postings will likely coincide with an easing of tightness in the labor market, a higher unemployment rate, and slowing wage growth.
Economic Bulletin , Issue August 10, 2022 , Pages 4

Journal Article
Following the leaders: wage growth of job switchers

Jos Mustre-del-Ro analyzes labor market conditions to find increasing competitive pressures have led to strong wage growth for job switchers.
Macro Bulletin

Journal Article
The Reallocation of Energy-sector Workers After Oil Price Booms and Busts

Jason P. Brown and Andres Kodaka compare recent job losses in the mining sector with those that occurred during the Great Recession and find displaced workers had an easier time finding new jobs in 2015 than they did during the recession.
Macro Bulletin

COVID-19: Which Workers Face the Highest Unemployment Risk?

Some 46% of U.S. workers are employed in occupations at “high risk” of layoff due to COVID-19 measures. How much could it cost to offset their lost income?
On the Economy

Conference Paper
Re-Evaluating Labor Market Dynamics : Economic Policy Symposium, Jackson Hole, Wyoming, August 21-23, 2014

Proceedings - Economic Policy Symposium - Jackson Hole

Startups Account for Smaller Share of U.S. Jobs

Since 1994, startup firms have seen their share of U.S. employment shrink.
On the Economy

Journal Article
Confident about quitting: job leavers and labor market optimism

Mustre-del-Ro and Xu compare two measures of voluntary turnover and find job quitters have recently become more optimistic about their employment opportunities.
Macro Bulletin

Working Paper
Minimum Wages and Labor Markets in the Twin Cities

Using merged administrative datasets from Minnesota, we bring new evidence on the labor market effects of large minimum wage increases by examining the policy changes implemented by Minneapolis and Saint Paul. We begin by using synthetic difference-in-differences methods to estimate counterfactual outcomes at the zip code level from Minnesota and at the city level from the rest of the country. The minimum wage did not affect employment in most industries but exerted a negative impact on restaurants' employment, with an elasticity of -0.8. Next, using variation in exposure to the minimum wage ...
Working Papers , Paper 793


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