Dickens, William T.; Triest, Robert K. - Federal Reserve Bank of Boston - 2012
The effect of the Great Recession on the U.S. labor market will likely persist even after economic output has recovered …-run impact will vary by worker characteristics. Workers who lost long-term jobs during the Great Recession are at increased risk …. Although the recession did not greatly change the relative probabilities of job loss for different types of workers, the long …