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- W2262802608 abstract "The U.S. labor market after the year 2000 has many notable differences from previous decades. First, the rate of growth in high-paying jobs seen in the 1980s and 1990s has not been realized, with job growth occurring disproportionately in low-paying jobs. Second, the rate at which workers switch employers fell after the year 2000, and only experienced a modest increase before plummeting again in the labor market downturn associated with the ``Great Recession'' of 2007-2009. Third, the employment-to-population ratio has declined from its peak in the year 2000 and, since the most recent recession, stayed at levels not see in the last thirty years. In this paper, after descriptive analysis of these patterns in the U.S. labor market, we explore how changes in labor demand may account for these declines in a model of the labor market with on-the-job search." @default.
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- W2262802608 date "2015-01-01" @default.
- W2262802608 modified "2023-10-09" @default.
- W2262802608 title "The U.S. Job Ladder in the New Millennium" @default.
- W2262802608 hasPublicationYear "2015" @default.
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