| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28083 |
| 来源ID | Working Paper 28083 |
| Searching, Recalls, and Tightness: An Interim Report on the COVID Labor Market | |
| Eliza Forsythe; Lisa B. Kahn; Fabian Lange; David G. Wiczer | |
| 发表日期 | 2020-11-16 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We report on the state of the labor market midway through the COVID recession, focusing particularly on measuring market tightness. As we show using a simple model, tightness is crucial for understanding the relative importance of labor supply or demand side factors in job creation. In tight markets, worker search effort has a relatively larger impact on job creation, while employer profitability looms larger in slack markets. We measure tightness combining job seeker information from the CPS and vacancy postings from Burning Glass Technologies. To parse the former, we develop a taxonomy of the non-employed that identifies job seekers and excludes the large number of those on temporary layoff who are waiting to be recalled. With this taxonomy, we find that effective tightness has declined about 50% since the onset of the epidemic to levels last seen in 2016, when labor markets generally appeared to be tight. Disaggregating market tightness, we find mismatch has surprisingly declined in the COVID recession. Further, while markets still appear to be tight relative to other recessionary periods, this could change quickly if the large group of those who lost their jobs but are not currently searching for a range of COVID-related reasons reenter the search market. |
| 主题 | Macroeconomics ; Business Cycles ; COVID-19 |
| URL | https://www.nber.org/papers/w28083 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585757 |
| 推荐引用方式 GB/T 7714 | Eliza Forsythe,Lisa B. Kahn,Fabian Lange,et al. Searching, Recalls, and Tightness: An Interim Report on the COVID Labor Market. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28083.pdf（832KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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