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Accounting for the jobless recoveries

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Author Info
Paul Gomme

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Abstract

Much has been made of the so-called jobless recovery of the past two business cycles—that is, their atypically weak employment growth early in the expansion phase. This Commentary examines the factors that account for this behavior, focusing on two key measures: the probabilities of job finding and job separation.

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File URL: http://www.clevelandfed.org/Research/commentary/2005/Aug.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

Volume (Year): (2005)
Issue (Month): Aug 1 ()
Pages:
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Handle: RePEc:fip:fedcec:y:2005:i:aug1

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Related research
Keywords: Employment Economic conditions Job hunting

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