Blog
Potential Jobs Impacted by Covid-19
Burkhardt, Helen; Aaronson, Daniel; Faberman, R. Jason (2020-04-01)
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%.
Chicago Fed Insights

Blog
COVID-19: Which Workers Face the Highest Unemployment Risk?
Gascon, Charles S. (2020-03-24)
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

Blog
Startups Account for Smaller Share of U.S. Jobs
Hong, Sungki; Werner, Devin (2020-06-23)
Since 1994, startup firms have seen their share of U.S. employment shrink.
On the Economy

Journal Article
Employment patterns during the recovery: Who are getting the jobs and why?
Willis, Jonathan L.; Sahin, Aysegül (2011-07)
Employment gains during the recovery have differed sharply depending on workers' level of education, age, and gender. Workers with high levels of education, workers age 55 and older, and men have experienced the strongest employment gains in the recovery. ; Sahin and Willis analyze these employment patterns and find that the patterns appear to reflect two key factors: long-term trends and cyclical fluctuations. The strong employment growth for highly educated and older workers is a continuation of longer term shifts toward a more highly educated workforce and the aging of the baby boom ...
Economic Review , Issue Q III , Pages 5-34

Journal Article
Why Are Prime-Age Men Vanishing from the Labor Force?
Tuzemen, Didem (2018-01)
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 ...
Economic Review , Issue Q I , Pages 5-30

Conference Paper
Re-Evaluating Labor Market Dynamics : Economic Policy Symposium, Jackson Hole, Wyoming, August 21-23, 2014
Kansas City, Federal Reserve Bank (2014)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
The Reallocation of Energy-sector Workers After Oil Price Booms and Busts
Kodaka, Andres; Brown, Jason (2016-03-03)
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

Journal Article
Opportunity knocks: improved matching of jobs and workers
Tuzemen, Didem; Willis, Jonathan L. (2015-05-13)
Tzemen and Willis illustrate that over the past year, workers found jobs more closely matched to their educational attainment.
Macro Bulletin

Journal Article
Confident about quitting: job leavers and labor market optimism
Xu, William; Mustre-del-Rio, Jose (2015-06-08)
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

Journal Article
Stuck in Part-Time Employment
Willis, Jonathan L. (2017-01-18)
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.
Macro Bulletin