Tag Archives: Unemployment

Moving to Opportunity? Migratory Insurance over the Great Recession

From Danny Yagan: Over the Great Recession, the employment rate in some U.S. cities declined by more than twice the aggregate decline. To what extent did the ability to migrate insure workers against these idiosyncratic local shocks? I answer this … Continue reading

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Caught in a Revolving Door of Unemployment

From a story by Annie Lowrey in the NYTimes today: “I’ve been turned down from McDonald’s because I was told I was too articulate,” she says. “I got denied a job scrubbing toilets because I didn’t speak Spanish and turned … Continue reading

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Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation

From Kory Kroft, Fabian Lange, Larry Katz, and Matt Notowidigdo: We explore the extent to which composition, duration dependence, and non-participation can account for the sharp increase in long-term unemployment (LTU) during the Great Recession. We first show that compositional shifts in … Continue reading

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Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence

From Olivier Coibion, Yuriy Gorodnichenko, Dmitri Koustas: The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future U.S. recessions might look more like the Eurosclerosis experience of the 1980s than traditional V-shaped … Continue reading

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The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes

From Peter Ganong and Jeff Liebman: Approximately 1-in-7 people and 1-in-4 children received benefits from the US Supplemental Nutrition Assistance Program (SNAP) in July 2011, both all-time highs. We analyze changes in SNAP take-up over the past two decades. From 1994 … Continue reading

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Unemployment, Depression, and January Temperature – Somewhere Ed Glaeser is Smiling

From Seth Stephens-Davidowitz: The Great Recession appears to have caused a significant increase in depression. In 2009 and 2010, there was a large increase in depression queries in states with large increases in unemployment, like Nevada, Florida and Alabama, compared … Continue reading

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4 Ways Persistently High Unemployment Could Ossify – the Human Capital Channel

Brad Plumer has a post today on rough projections that we will not reach full employment until 2022. Here are four ways that failing to address the unemployment problem today could lead to long-lasting (and potentially permanent) reductions in human capital, employment, and social … Continue reading

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Historical Hysteresis: Adverse Shocks vs Structural Problems

I started posting last week on the Summers & Blanchard paper, which is on hysteresis and the Unemployment problem in Europe starting in the mid 1970s. Many advocated structural explanations for hysteresis, but Summers & Blanchard looked to the Great Depression period … Continue reading

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Number of Unemployed Per Job Opening

The Hamilton Project has a great report titled “The Importance of Unemployment Insurance for American Families & the Economy.” Here’s one of the key graphs:

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