scholarly journals Business employment dynamics by wage class

2021 ◽  
Author(s):  
Akbar Sadeghi ◽  
Kevin Cooksey
Keyword(s):  
2003 ◽  
Vol 69 (3) ◽  
pp. 676-690
Author(s):  
William E. Even ◽  
David A. Macpherson

2012 ◽  
Vol 102 (3) ◽  
pp. 575-579 ◽  
Author(s):  
Edward P Lazear ◽  
James R Spletzer

Hires occur for two reasons - to grow a business and to replace those who have left (churn). Churn is an important part of employment dynamics, allowing workers to move to their most productive use. We present evidence on churn from the Job Openings and Labor Turnover Survey (JOLTS). Churn is procyclical. During the 2007-09 recession, four-fifths of hiring reductions are associated with reduced churn, not with reductions in job creation. We estimate that the cost of reduced churn is about two-fifths of a percentage point of GDP annually throughout the three-and-one-half year period since the beginning of the recession.


2021 ◽  
Vol 315 ◽  
pp. 04004
Author(s):  
Yuri Fridman ◽  
Galina Rechko ◽  
Olesya Khokhrina

The article contains the results of the analysis of dynamics and structural transformations of employment and production of gross value added (GVA), carried out by the authors on the material of Kuzbass. The study was carried out using the shift-share analysis for 2007–2018. We can state that the employment dynamics, which was negative during this period, was determined primarily by regional factors. The dynamics of GVA was influenced by national (positive) and regional (negative) factors. The contribution of structural shifts to the growth of GVA over the past decade was negative and insignificant, and the decline in the number of employed occurred with a scarcely changed employment pattern. The coal cluster remains the core of the Kuzbass economy and retains the status of its most efficient sector – there are no obvious candidates for the role of a new leader. Meanwhile, the high dependence of the coal industry on external macroeconomic conditions, fluctuations in world markets, makes the strategic outlook of the entire region's economy vulnerable and unstable. Therefore, it is important to find and implement such model of the socio-economic transformation of Kuzbass, which will help protect and ensure the stability of the region for decades to come.


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