Area Economic Conditions and the Labor Market Outcomes of Young Men in the 1990s Expansion / Richard B. Freeman, William M. Rodgers III.

Format:

Book

Author/Creator:

Freeman, Richard B.

Contributor:

National Bureau of Economic Research.

Rodgers, William M, III.

Series:

Working Paper Series (National Bureau of Economic Research) no. w7073.

NBER working paper series no. w7073

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1999.

Summary:

The current expansion has shattered the length of the previous longest peace-time boom and brought unemployment rates below four percent in 44 percent of metropolitan areas. We estimate the expansion's impact on the labor market outcomes of less-educated men. We find that young men, especially young African American men in tight labor markets experienced a boost in employment and earnings. Adult men had no gains, and their earnings barely changed even in areas with unemployment rates below 4 percent. Youths have higher earnings and employment in low crime states and poorer labor market outcomes in states where incarcerations are high.

Notes:

Print version record

April 1999.