Davis, Steven; Haltiwanger, John - National Bureau of Economic Research (NBER) - 2014
young workers and the less educated. Similar estimates obtain when dropping data from the Great Recession and its aftermath …. These results suggest the U.S. economy faced serious impediments to high employment rates well before the Great Recession …U.S. labor markets became much less fluid in recent decades. Job reallocation rates fell more than a quarter after 1990 …