Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/92273 
Year of Publication: 
2013
Citation: 
[Journal:] IZA Journal of Labor Economics [ISSN:] 2193-8997 [Volume:] 2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2013 [Pages:] 1-21
Publisher: 
Springer, Heidelberg
Abstract: 
We document and attempt to explain the recent decline in employment dynamics in the U.S. We have four major empirical findings. First, each measure exhibits a 'stair step' pattern, with the declines concentrated in recessions and little increase during subsequent expansions. Second, changes in the composition of workers and businesses can explain only a small amount of the decline. Third, any explanation for the decline in job creation and job destruction will account for no more than one-third of the decline in hires and separations. Fourth, the decline in hires and separations is driven by the disappearance of short-duration jobs.
Subjects: 
Hires
Separations
Job creation
Job destruction
Job-to-job flows
JEL: 
E24
J63
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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