Has structural change contributed to a jobless recovery?

The current recovery has seen steady growth in output but no corresponding rise in employment. A look at layoff trends and industry job gains and losses in 2001-03 suggests that structural change - the permanent relocation of workers from some industries to others - may help explain the stalled growth in jobs.

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Year of publication:	2003
Authors:	Groshen, Erica L. ; Potter, Simon
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 9.2003, Aug, 8
Publisher:	Federal Reserve Bank of New York
Subject:	Business cycles \| Employment (Economic theory) \| Labor mobility \| Unemployment \| Industries \| Recessions

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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