Job Polarization and Jobless Recoveries

Nir Jaimovich and Henry Siu

No 18334, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: E0 J0 (search for similar items in EconPapers)
Date: 2012-08
New Economics Papers: this item is included in nep-bec, nep-lab and nep-mac
Note: EFG LS
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Citations: View citations in EconPapers (244)

Published as Nir Jaimovich & Henry E. Siu, 2020. "Job Polarization and Jobless Recoveries," The Review of Economics and Statistics, vol 102(1), pages 129-147.

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Journal Article: Job Polarization and Jobless Recoveries (2020)
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