Has structural change contributed to a jobless recovery?
Erica Groshen () and
Simon Potter ()
Current Issues in Economics and Finance, 2003, issue aug
The current recovery has seen steady growth in output but no corresponding rise in employment. A look at layoff trends and industry job gains and losses in 2001-03 suggests that structural change - the permanent relocation of workers from some industries to others - may help explain the stalled growth in jobs.
Keywords: Business cycles; Employment (Economic theory); Recessions; Labor mobility; Unemployment; Industries (search for similar items in EconPapers)
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