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Unexpected events such as job displacement, disability, and divorce can have negative effects on individual and family income. For many families, social insurance provided by the government plays an important role in buffering the impact of these shocks. However, on average, Americans depend...
Persistent link: https://www.econbiz.de/10008862171
Rising layoff rates during the spring of 2011 highlight renewed labor market weakness. Although job cuts among state and local governments have accelerated over the past few years, most of the recent increase occurred among private-sector employers. Following modest improvement in early summer,...
Persistent link: https://www.econbiz.de/10009321066
Although the labor market has slowly begun to recover, unemployment remains stubbornly high. The pace at which … unemployment comes down over the next two years depends in part on the cyclical recovery of labor force participation and the …
Persistent link: https://www.econbiz.de/10008643738
accurate, then the historical relationship between real GDP growth and the labor market suggests that the unemployment rate …
Persistent link: https://www.econbiz.de/10008679683
decline in the unemployment rate. Some analysts maintain that unemployed workers lack the skills to fill available jobs, a … mismatch that contributes to an elevated level of structural unemployment. However, analysis of data on employment growth and … jobless rates across industries, occupations, and states suggests only a limited increase in structural unemployment …
Persistent link: https://www.econbiz.de/10008690975
lifted the U.S. unemployment rate by at least one percentage point since early 2008. …
Persistent link: https://www.econbiz.de/10010723019
U.S. labor market conditions have improved over the past few years. But the average duration of unemployment has … data indicates that the incidence of long-term unemployment has declined over the past few years, and that job prospects …
Persistent link: https://www.econbiz.de/10010723021
join the labor force, the unemployment rate could stop falling in the short term.> …
Persistent link: https://www.econbiz.de/10011027124
Some observers have argued that the nation's high unemployment rate during the current recovery stems partly from …
Persistent link: https://www.econbiz.de/10011027132
During the recent recession, unemployment duration reached levels well above those of past downturns. Duration has … in survey measurement, the demographic characteristics of the unemployed, and the availability of extended unemployment …
Persistent link: https://www.econbiz.de/10009421572