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Journal Article
Stuck in Part-Time Employment
Although the share of workers employed part time for economic reasons has declined, it is unlikely to return to its pre-recession level in the near future.
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.
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.
Potential Jobs Impacted by Covid-19
In this blog, we conduct an exercise to determine the potential consequences of the Covid-19 pandemic on near-term labor market outcomes. This is not a forecast, but an attempt to provide some discipline around potential bounds of the number of jobs impacted by the crisis. We estimate that between nine and 26 million jobs are potentially affected,1 with a best guess of around 15 million. If these jobs are lost, the June unemployment rate could reach between 14% and 18%, with a best guess of around 15%.
Journal Article
Why Are Prime-Age Men Vanishing from the Labor Force?
The labor force participation rate for prime-age men (age 25 to 54) has declined dramatically in the United States since the 1960s, but the decline accelerated more recently. In 1996, 4.6 million prime-age men did not participate in the labor force. By 2016, this number had risen to 7.1 million. Better understanding these men and the personal situations preventing them from working may be crucial in evaluating whether they are likely to return to the labor force. {{p}} Didem Tzemen documents changes in the nonparticipation rates of prime-age men with different demographic characteristics as ...
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.
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?
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.