Arbeitspapier
Impact of the Great Recession on Industry Unemployment: A 1976-2011 Comparison
This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry groups and outline the unique characteristics of the latest recession (including examining cyclical and structural forces). We use harmonized- reclassified industry data for 1976-2011 in the United States, which allows us to make comparisons previously not possible.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 10340
- Classification
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Wirtschaft
- Subject
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unemployment
worker flows
job finding rate
separation rate
industry
- Event
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Geistige Schöpfung
- (who)
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Takhtamanova, Yelena F.
Sierminska, Eva
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:43 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
- Arbeitspapier
Associated
- Takhtamanova, Yelena F.
- Sierminska, Eva
- Institute for the Study of Labor (IZA)
Time of origin
- 2016