Just Released: Are Recent College Graduates Finding Good Jobs?
Stories abound about recent college graduates who are struggling to find good jobs in today’s economy, especially with student debt levels rising so quickly.
States Are Recovering Lost Jobs at Surprisingly Similar Rates
The U.S. economy lost more than 8 million jobs between January 2008 and February 2010.
Do Big Cities Help College Graduates Find Better Jobs?
Although the unemployment rate of workers with a college degree has remained well below average since the Great Recession, there is growing concern that college graduates are increasingly underemployed—that is, working in a job that does not require a college degree or the skills acquired through their chosen field of study.
Is Job Polarization Holding Back the Labor Market?
More than three years after the end of the Great Recession, the labor market still remains weak, with the unemployment rate at 7.7 percent and payroll employment 3 million less than its pre-recession level.
Just Released: NY Fed’s Erica Groshen Becomes Commissioner of Labor Statistics
What could cap being a Liberty Street Economics blogger/editor? Apparently, for one of us, becoming a chief bean-counter. Earlier today, our colleague Erica L. Groshen was sworn in as the nation’s new Commissioner of Labor Statistics.
Good News or Bad on New York City Jobs?
Unlike much of the nation, New York City has seen a robust rebound in employment since the recession.
Conclusion: How Low Will the Unemployment Rate Go?
A major theme of the posts in our labor market series has been that the outflows from unemployment, either into employment or out of the labor force, have been the primary determinant of unemployment rate dynamics in long expansions.
Reconciling Contrasting Signals in the Labor Market: The Role of Participation
The contrasting movements in the employment-to-population ratio (E/P) and the unemployment rate recently have been striking and puzzling.
Skills Mismatch, Construction Workers, and the Labor Market
Recessions and recoveries typically have been times of substantial reallocation in the economy and the labor market, and the current cycle does not appear to be an exception.
The Bathtub Model of Unemployment: The Importance of Labor Market Flow Dynamics
An alternative to Okun’s law to understand unemployment dynamics is to examine the evolution of the unemployment inflow and outflow rates.