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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2020

Economics

W.E. Upjohn Institute for Employment Research

Job security and unemployment dynamics

Articles 1 - 8 of 8

Full-Text Articles in Social and Behavioral Sciences

Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price Dec 2020

Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price

Upjohn Institute Working Papers

Joblessness is highly seasonal. To analyze how households adapt to seasonal joblessness, we introduce a measure of seasonal work interruptions premised on the idea that a seasonal worker will tend to exit employment around the same time each year. We show that an excess share of prime-age U.S. workers experience recurrent separations spaced exactly 12 months apart. These separations coincide with aggregate seasonal downturns and are concentrated in seasonally volatile industries. Examining workers most prone to seasonal work interruptions, we find that these workers incur large earnings losses during the off-season. Lost earnings are 1) driven mainly by repeated separations …


Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price Dec 2020

Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price

Upjohn Institute Policy and Research Briefs

No abstract provided.


The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart Jul 2020

The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart

Employment Research Newsletter

No abstract provided.


The Heterogeneous Labor Market Impacts Of The Covid-19 Pandemic, Guido Matias Cortes, Eliza C. Forsythe May 2020

The Heterogeneous Labor Market Impacts Of The Covid-19 Pandemic, Guido Matias Cortes, Eliza C. Forsythe

Upjohn Institute Working Papers

We study the distributional consequences of the Covid-19 pandemic’s impacts on employment. Using CPS data on stocks and flows, we show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger in lower-paying occupations and industries. Individuals from disadvantaged groups, such as Hispanics, younger workers, those with lower levels of education, and women, have suffered both larger increases in job losses and larger decreases in hiring rates. Occupational and industry affiliation can explain only part of the increased job losses among these groups.


The Evolution Of Local Labor Markets After Recessions, Brad J. Hershbein, Bryan A. Stuart May 2020

The Evolution Of Local Labor Markets After Recessions, Brad J. Hershbein, Bryan A. Stuart

Upjohn Institute Working Papers

This paper studies how U.S. local labor markets respond to employment losses that occur during recessions. Following recessions from 1973 through 2009, we find that areas that lose more jobs during the recession experience persistent relative declines in employment and population. Most importantly, these local labor markets also experience persistent decreases in the employment-population ratio, earnings per capita, and earnings per worker. Our results imply that limited population responses result in longer-lasting consequences for local labor markets than previously thought, and that recessions are followed by persistent reallocation of employment across space.


The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart May 2020

The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart

Upjohn Institute Policy and Research Briefs

No abstract provided.


Variability In U.S. Labor Markets: A Presentation To The Workers’ Compensation Research Institute, Michael Horrigan Mar 2020

Variability In U.S. Labor Markets: A Presentation To The Workers’ Compensation Research Institute, Michael Horrigan

Presentations

No abstract provided.


The Long-Term Effects Of Labor Market Entry In A Recession: Evidence From The Asian Financial Crisis, Eleanor Jawon Choi, Jaewoo Choi, Hyelim Son Feb 2020

The Long-Term Effects Of Labor Market Entry In A Recession: Evidence From The Asian Financial Crisis, Eleanor Jawon Choi, Jaewoo Choi, Hyelim Son

Upjohn Institute Working Papers

This paper investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997–1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family formation, and household finances. Using data from 20 waves of the Korean Labor and Income Panel Study, we find a substantial and persistent reduction in employment, earnings, marriage, fertility, and asset building among men who graduated during a recession. For women, limited job opportunities at graduation result in an increase in childbearing. Our results suggest that labor …