Bericht
The US labour market after the COVID-19 recession
The US economy has endured an exceptionally severe recession caused by the measures put in place to contain the spread of COVID-19. This occasional paper assesses the impact of this crisis on key labour market variables, such as (un-) employment, wages and productivity, and highlights the differences versus past recessions, with an emphasis on the global financial crisis (GFC). It also presents a comparison of developments in certain key variables between the euro area and the United States, and it discusses the outlook in the United States for the ongoing recovery.
- ISBN
-
978-92-899-5239-2
- Language
-
Englisch
- Bibliographic citation
-
Series: ECB Occasional Paper ; No. 298
- Classification
-
Wirtschaft
Demand and Supply of Labor: General
Wages, Compensation, and Labor Costs: General
Mobility, Unemployment, Vacancies, and Immigrant Workers: General
- Subject
-
unemployment rate
job flows
labour market tightness
Beveridge curve,Phillips curve
- Event
-
Geistige Schöpfung
- (who)
-
Gómez Salvador, Ramón
Soudan, Michel
- Event
-
Veröffentlichung
- (who)
-
European Central Bank (ECB)
- (where)
-
Frankfurt a. M.
- (when)
-
2022
- DOI
-
doi:10.2866/964976
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Gómez Salvador, Ramón
- Soudan, Michel
- European Central Bank (ECB)
Time of origin
- 2022