Racial Differences in Labor Market Transitions and the Great Recession

Arbeitspapier

Labor force transitions are empirically examined using CPS data matched across months from 1996-2012 for Hispanics, African-Americans and whites. Transition probabilities are contrasted prior to the Great Recession and afterwards. Estimates indicate that minorities are more likely to be fired as business cycle conditions worsen. Estimates also show that minorities are usually more likely to be hired when business cycle conditions are weak. During the Great Recession, the odds of losing a job increased for minorities although cyclical sensitivity of the transition declined. Odds of becoming re-employed declined dramatically for blacks, by 2-4 percent, while the probability was unchanged for Hispanics.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 5772

Classification and Topics

• Classification: Wirtschaft ; Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination ; Unemployment: Models, Duration, Incidence, and Job Search
• Subject: unemployment ; race ; minorities ; labor market ; labor force ; dynamics ; Great Recession

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Couch, Kenneth A. ; Fairlie, Robert W. ; Xu, Huanan
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/130396
• Last update: 10.03.2025, 11:42 AM CET