Faberman, R. Jason - Bureau of Labor Statistics, Department of Labor - 2006
The last two economic downturns are notable for their slow labor market recoveries. Yet, the behavior of their … underlying gross job flows is quite different. The 1990-92 period had a relatively slow decline in job destruction, while the … 2001-03 period had a large, persistent decline in job creation that occurs across most industries. The dynamics of the …