Job Polarization and Jobless Recoveries

• 成果类型: Article
• 署名作者: Jaimovich, Nir; Siu, Henry E.
• 署名单位: University of Zurich; Center for Economic & Policy Research (CEPR); University of British Columbia; National Bureau of Economic Research
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_00875
• 发表日期: 2020-03
• 页码: 129-147
• 关键词: technological-change

摘要

Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced over the past 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions despite recoveries in aggregate output. We show how these two phenomena are related. First, essentially all employment loss in routine occupations occurs in economic downturns. Second, jobless recoveries in the aggregate can be accounted for by jobless recoveries in the routine occupations that are disappearing.