Artikel

The recent decline in employment dynamics

We document and attempt to explain the recent decline in employment dynamics in the U.S. We have four major empirical findings. First, each measure exhibits a 'stair step' pattern, with the declines concentrated in recessions and little increase during subsequent expansions. Second, changes in the composition of workers and businesses can explain only a small amount of the decline. Third, any explanation for the decline in job creation and job destruction will account for no more than one-third of the decline in hires and separations. Fourth, the decline in hires and separations is driven by the disappearance of short-duration jobs.

Sprache
Englisch

Erschienen in
Journal: IZA Journal of Labor Economics ; ISSN: 2193-8997 ; Volume: 2 ; Year: 2013 ; Pages: 1-21 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Turnover; Vacancies; Layoffs
Thema
Hires
Separations
Job creation
Job destruction
Job-to-job flows

Ereignis
Geistige Schöpfung
(wer)
Hyatt, Henry R.
Spletzer, James R.
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2013

DOI
doi:10.1186/2193-8997-2-5
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Hyatt, Henry R.
  • Spletzer, James R.
  • Springer

Entstanden

  • 2013

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