What kind of jobs have been created during the recovery?
Remarks at the Regional Economic Press Briefing, New York City.
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%.
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?
Startups Account for Smaller Share of U.S. Jobs
Since 1994, startup firms have seen their share of U.S. employment shrink.
Who Holds a Green Card?
Understanding the characteristics of U.S. permanent residents can provide insight into the future workforce.
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.
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.
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.
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.
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.