Who Suffers During Recessions?
In this paper we examine how business cycles affect labor market outcomes in the United States. We conduct a detailed analysis of how cycles affect outcomes differentially across persons of differing age, education, race, and gender, and we compare the cyclical sensitivity during the Great Recession to that in the early 1980s recession. We present raw tabulations and estimate a state panel data model that leverages variation across US states in the timing and severity of business cycles. We find that the impacts of the Great Recession are not uniform across demographic groups and have been felt most strongly for men, black and Hispanic workers, youth, and low education workers. These dramatic differences in the cyclicality across demographic groups are remarkably stable across three decades of time and throughout recessionary periods and expansionary periods. For the 2007 recession, these differences are largely explained by differences in exposure to cycles across industry-occupation employment.
|Date of creation:||Mar 2012|
|Date of revision:|
|Publication status:||published as Hilary Hoynes & Douglas L. Miller & Jessamyn Schaller, 2012. "Who Suffers during Recessions?," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 27-48, Summer.|
|Note:||CH ED LS AP|
|Contact details of provider:|| Postal: |
Web page: http://www.nber.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- SIERMINSKA Eva & TAKHTAMANOVA Yelena, 2010.
"Job Flows, demographics and the Great Recession,"
LISER Working Paper Series
- David Howell, Bert M. Azizoglu, 2011.
"Unemployment Benefits and Work Incentives: The U.S. Labor Market in the Great Recession,"
SCEPA working paper series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization.
2011-7, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
- David R. Howell & Bert M. Azizoglu, 2011. "Unemployment benefits and work incentives: the US labour market in the Great Recession," Oxford Review of Economic Policy, Oxford University Press, vol. 27(2), pages 221-240.
- Ann Huff Stevens & Douglas L. Miller & Marianne E. Page & Mateusz Filipski, 2011. "The Best of Times, the Worst of Times: Understanding Pro-cyclical Mortality," NBER Working Papers 17657, National Bureau of Economic Research, Inc.
- Jesse Rothstein, 2011.
"Unemployment Insurance and Job Search in the Great Recession,"
Brookings Papers on Economic Activity,
Economic Studies Program, The Brookings Institution, vol. 43(2 (Fall)), pages 143-213.
- Jesse Rothstein, 2011. "Unemployment Insurance and Job Search in the Great Recession," NBER Working Papers 17534, National Bureau of Economic Research, Inc.
- Rothstein, Jesse, 2011. "Unemployment Insurance and Job Search in the Great Recession," Institute for Research on Labor and Employment, Working Paper Series qt5611t356, Institute of Industrial Relations, UC Berkeley.
- Henry S. Farber, 2011. "Job Loss in the Great Recession: Historical Perspective from the Displaced Workers Survey, 1984-2010," NBER Working Papers 17040, National Bureau of Economic Research, Inc.
- Marianne Bitler & Hilary W. Hoynes, 2010.
"The state of the safety net in the post-welfare reform era,"
Working Paper Series
2010-31, Federal Reserve Bank of San Francisco.
- Marianne Bitler & Hilary W. Hoynes, 2010. "The State of the Safety Net in the Post-Welfare Reform Era," NBER Working Papers 16504, National Bureau of Economic Research, Inc.
- Jaeger, David A, 1997. "Reconciling the Old and New Census Bureau Education Questions: Recommendations for Researchers," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(3), pages 300-309, July.
- Solon, Gary & Barsky, Robert & Parker, Jonathan A, 1994.
"Measuring the Cyclicality of Real Wages: How Important Is Composition Bias?,"
The Quarterly Journal of Economics,
MIT Press, vol. 109(1), pages 1-25, February.
- Gary Solon & Robert Barsky & Jonathan A. Parker, 1992. "Measuring the Cyclicality of Real Wages: How Important is Composition Bias," NBER Working Papers 4202, National Bureau of Economic Research, Inc.
- Chinhui Juhn & Simon Potter, 2006. "Changes in Labor Force Participation in the United States," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 27-46, Summer.
- Farber, Henry S, 2011. "Job Loss in the Great Recession: Historical Perspective from the Displaced Workers Survey, 1984-2010," IZA Discussion Papers 5696, Institute for the Study of Labor (IZA).
- Davis, Steven J. & Faberman, R. Jason & Haltiwanger, John, 2012.
"Labor market flows in the cross section and over time,"
Journal of Monetary Economics,
Elsevier, vol. 59(1), pages 1-18.
- Steven J. Davis & Jason Faberman & John C. Haltiwanger, 2011. "Labor Market Flows in the Cross Section and Over Time," NBER Working Papers 17294, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:17951. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.