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来源类型Working Paper
规范类型报告
DOI10.3386/w24468
来源IDWorking Paper 24468
The Transformation of Manufacturing and the Decline in U.S. Employment
Kerwin Kofi Charles; Erik Hurst; Mariel Schwartz
发表日期2018-04-02
出版年2018
语种英语
摘要Using data from a variety of sources, this paper comprehensively documents the dramatic changes in the manufacturing sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross-region variation to explore the link between declining manufacturing employment and labor market outcomes. We find that manufacturing decline in a local area in the 2000s had large and persistent negative effects on local employment rates, hours worked and wages. We also show that declining local manufacturing employment is related to rising local opioid use and deaths. These results suggest that some of the recent opioid epidemic is driven by demand factors in addition to increased opioid supply. We conclude the paper with a discussion of potential mediating factors associated with declining manufacturing labor demand including public and private transfer receipt, sectoral switching, and inter-region mobility. Overall, we conclude that the decline in manufacturing employment was a substantial cause of the decline in employment rates during the 2000s particularly for less educated prime age workers. Given the trends in both capital and skill deepening within this sector, we further conclude that many policies currently being discussed to promote the manufacturing sector will have only a modest labor market impact for less educated individuals.
主题Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w24468
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582142
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Kerwin Kofi Charles,Erik Hurst,Mariel Schwartz. The Transformation of Manufacturing and the Decline in U.S. Employment. 2018.
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