The Great Recession and Economic Outcomes for Indigenous Peoples in the United States

Author(s):  
Randall Akee

This article examines the earnings and employment experience of American Indians and Alaska Natives (AIAN) and Native Hawaiians and Pacific Islanders (NHPI) residing in the United States during and after the Great Recession. I compare these populations to non-Hispanic whites over the same time period with respect to median earnings and inequality, labor force participation rates, earnings by location, educational attainment, and occupational status. I find that the AIAN population has the lowest median earnings and highest level of earnings inequality. NHPI and AIAN experience a sharp increase in earnings inequality over the Great Recession and AIAN have a pronounced drop in labor force participation; these inequality measures remained elevated and stable over the recovery period especially for the AIAN population. Indigenous peoples employed in food services occupations experienced the least amount of earnings decline over the Great Recession, while those employed in construction and sales experienced larger declines. Labor force participation rates dropped most dramatically for the AIAN population over the Great Recession and remained at a new lower level in the recovery period. The analysis shows that there are stark differences across time, space, and occupation for these groups.

2021 ◽  
Vol 2021 (058) ◽  
pp. 1-35
Author(s):  
Francesco Furlanetto ◽  
◽  
Antoine Lepetit ◽  
Ørjan Robstad ◽  
Juan Rubio-Ramírez ◽  
...  

In this paper we identify demand shocks that can have a permanent effect on output through hysteresis effects. We call these shocks permanent demand shocks. They are found to be quantitatively important in the United States, in particular when the Great Recession is included in the sample. Recessions driven by permanent demand shocks lead to a permanent decline in employment and investment, while output per worker is largely unaffected. We find strong evidence that hysteresis transmits through a rise in long-term unemployment and a decline in labor force participation and disproportionately affects the least productive workers.


1994 ◽  
Vol 18 (1) ◽  
pp. 55-75 ◽  
Author(s):  
Jon R. Moen

The fall in the labor force participation rate of older men in the United States has been dramatic. In 1860 approximately 76% of men 65 and older were in the labor force. Today less than 20% work. Much of the decline has been explained in terms of a shift from agricultural occupations to manufacturing or industrial occupations, where participation historically has been lower at older ages. Participation rates, however, appear to have been constant in both farm and urban households through 1930, thus challenging the thesis that industrialization and urbanization were causes of the fall in the participation rate of older men.


2016 ◽  
Vol 8 (2) ◽  
pp. 201 ◽  
Author(s):  
Joseph S. Falzone

<p>The objectives of this article are two fold. Changes in older men’s labor force participation in the United States are first described focusing on human capital and demographic variables. A model of the labor/leisure choice and the retirement decision of older menare then estimated employing Maximum Likelihood Probit. While changes in Social Security Benefit rules are a significant factor in explaining the trend of rising retirement age among older men, the focus here is on additional factors that contribute to older men’s decision to forestall retirement. Probit coefficient estimates for three distinct age cohorts verify the effects of hypothesized determinants of the decision to retire. Specifically, the coefficient on estimated earnings is negative and hasthe largest marginal effect on the decision to retire followed by years of education and retired wife. The effects of wives’ retirement decision will likely influence and forestall the retirement decision of married men as more working women reach retirement age. The rise in labor force participation rates of older men may offset rather than reverse the decline in men’s labor force participation rates that began more than a half century ago.</p>


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