It is well known that young businesses have higher net job creation rates and a higher pace of gross job creation and destruction. Using newly released statistics from the QWI by firm age and firm size, we show this well-known pattern holds in the QWI. But the QWI offer a unique perspective on...

The earnings of workers are reduced for many years after being displaced from their jobs, and those workers and their families face increased risk of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the...

This article reviews the empirical literature on job displacement, which is generally defined as job loss arising from structural economic causes (as opposed to, for example, cyclical downturns) suffered by workers who are strongly attached to their economic sector and who have an exceptionally...

This paper tests the hypothesis that firms adjust to the business cycle by altering employment through promotion and hiring and holding the salary structure and salaries assigned to jobs relatively constant. Two comprehensive firm-level panel datasets are used to examine salary setting and...

We discuss the ability of standard estimates of the correlation of wages and employment to measure the relative strength of aggregate demand and supply shocks, given that the choice of time period, deflator, and explanatory variables inherently biases the estimated cyclical coefficients toward...

Despite the long economic expansion, employment among young men is lower today than it was in the late 1960s. This decline has been largely driven by a 17 percentage point reduction in the proportion of high school dropouts working even a single week per year. One common explanation for this...