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Worker flows and matching efficiency

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  • Marcelo Veracierto

Abstract

Although job vacancies have increased quite significantly since mid-2009, the unemployment rate has not declined significantly. This article analyzes the matching efficiency of jobs and workers in U.S. labor markets and its impact on the behavior of the unemployment rate and other labor market outcomes since the start of the latest recession.

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Bibliographic Info

Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.

Volume (Year): (2011)
Issue (Month): Q IV ()
Pages: 147-169

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Handle: RePEc:fip:fedhep:y:2011:i:qiv:p:147-169:n:v.35no.4

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Related research

Keywords: Labor market ; Unemployment ; Population;

References

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  1. Regis Barnichon & Andrew Figura, 2010. "What drives movements in the unemployment rate? a decomposition of the Beveridge curve," Finance and Economics Discussion Series 2010-48, Board of Governors of the Federal Reserve System (U.S.).
  2. Gadi Barlevy, 2011. "Evaluating the role of labor market mismatch in rising unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q III, pages 82-96.
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Cited by:
  1. Gadi Barlevy, 2011. "Evaluating the role of labor market mismatch in rising unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q III, pages 82-96.
  2. Sedláček, Petr, 2014. "Match efficiency and firms' hiring standards," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 123-133.
  3. Kenneth Beauchemin & Murat Tasci, 2008. "Diagnosing labor market search models: a multiple-shock approach," Working Paper 0813, Federal Reserve Bank of Cleveland.

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