Pacitti, Aaron - In: Journal of Post Keynesian Economics 33 (2011) 4, pp. 597-620
This paper analyzes four measures of the cost of job loss for 2001:1-2009:4. All measures reached a record or near-record high in 2009, with the rise being driven by record high unemployment duration and record low reemployment duration. In 2009:4, the real weekly cost of job loss was $352.57,...
