U.S. policymakers are concerned that negative home equity arising from the severe housing market decline may be constraining geographic mobility and consequently serving as a factor in the nation's persistently high unemployment rate. Indeed, the widespread drop in house prices since 2007 has...

U.S. policymakers are concerned that negative home equity arising from the severe housing market decline may be constraining geographic mobility and consequently serving as a factor in the nation's persistently high unemployment rate. Indeed, the widespread drop in house prices since 2007 has...

Recent evidence suggests that a mismatch between the skills demanded by employers and the skills supplied by the population may be underway, particularly for “middle-skill” workers who possess some college education or an associate’s degree. This policy brief examines the middle-skill...

Over the past decade, policymakers and business leaders across New England have been concerned that the region’s slower population growth and loss of residents to other parts of the U.S. will lead to a shortage of skilled labor—particularly when the baby boom generation retires. Even with...

Important differences in labor market characteristics suggest that men and women physicians may be viewed as imperfect substitutes in the labor market. Concerns about efficiency and cost-cutting, which have led to the adoption of managed care practices, may have (unintentionally) favored female...

Using a large database of online job postings, we demonstrate that employee skill requirements rise when there is a larger supply of relevant job seekers. We identify this effect using variation across time, occupations, and places, which allows us to control for potentially confounding factors....