Job Polarization and Jobless Recoveries / Nir Jaimovich, Henry E. Siu.

Format:

Book

Author/Creator:

Jaimovich, Nir.

Contributor:

National Bureau of Economic Research.

Siu, Henry E.

Series:

Working Paper Series (National Bureau of Economic Research) no. w18334.

NBER working paper series no. w18334

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2012.

Summary:

Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced recently, over the last 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how these two phenomena are related. First, essentially all employment loss in routine occupations occurs in economic downturns. Second, jobless recoveries in the aggregate can be accounted for by jobless recoveries in the routine occupations that are disappearing.

Notes:

Print version record

August 2012.