scholarly journals Did the Great Recession Downsize Immigrants and Native-Born Americans Differently? Unemployment Differentials by Nativity, Race and Gender from 2007 to 2013 in the U.S.

2016 ◽  
Vol 5 (3) ◽  
pp. 49 ◽  
Author(s):  
Sharron Wang ◽  
Arthur Sakamoto
Keyword(s):  
Great Recession ◽  
Race And Gender ◽  
The Great Recession ◽  
And Gender ◽  
The U.S

scholarly journals Who Suffers During Recessions?

2012 ◽  
Vol 26 (3) ◽  
pp. 27-48 ◽  
Author(s):  
Hilary Hoynes ◽  
Douglas L Miller ◽  
Jessamyn Schaller
Keyword(s):  
Business Cycles ◽  
Great Recession ◽  
The United States ◽  
Market Outcomes ◽  
Race And Gender ◽  
Demographic Groups ◽  
The Great Recession ◽  
Low Education ◽  
Hispanic Workers ◽  
And Gender

In this paper, we examine how business cycles affect labor market outcomes in the United States. We conduct a detailed analysis of how cycles affect outcomes differentially across persons of differing age, education, race, and gender, and we compare the cyclical sensitivity during the Great Recession to that in the early 1980s recession. We present raw tabulations and estimate a state panel data model that leverages variation across U.S. states in the timing and severity of business cycles. We find that the impacts of the Great Recession are not uniform across demographic groups and have been felt most strongly for men, black and Hispanic workers, youth, and low-education workers. These dramatic differences in the cyclicality across demographic groups are remarkably stable across three decades of time and throughout recessionary periods and expansionary periods. For the 2007 recession, these differences are largely explained by differences in exposure to cycles across industry-occupation employment.

scholarly journals Fiscal Policy and Aggregate Demand in the U.S. Before, During and Following the Great Recession

2017 ◽  
Vol 2017 (061) ◽  
Author(s):  
David Cashin ◽  
◽  
Jamie Lenney ◽  
Byron Lutz ◽  
William Peterman ◽  
...  
Keyword(s):  
Fiscal Policy ◽  
Great Recession ◽  
Aggregate Demand ◽  
The Great Recession ◽  
The U.S

scholarly journals Recent Trends in U.S. Childbearing Intentions

2021 ◽  
Author(s):  
Caroline Sten Hartnett ◽  
Alison Gemmill
Keyword(s):  
National Survey ◽  
Great Recession ◽  
Population Composition ◽  
Important Contributor ◽  
The Great Recession ◽  
Childbearing Intentions ◽  
Family Growth ◽  
Recent Trends ◽  
Shed Light ◽  
The U.S

The U.S. period TFR has declined steadily since the Great Recession, to 1.73 children in 2018, the lowest level since the 1970s. This pattern could mean that current childbearing cohorts will end up with fewer children than previous cohorts or this same pattern could be an artifact of a tempo distortion if individuals are simply postponing births they plan to eventually have. In this research note, we use data on current parity and future intended births from the 2006-2017 National Survey of Family Growth to shed light on this issue. We find that total intended parity declined (from 2.26 in 2006-2010 to 2.16 children in 2013-2017), and the proportion of women intending to remain childless increased slightly. Decomposition indicated that the decline was not due to changes in population composition, but rather changes in the subgroup rates themselves. The decline in intended parity is particularly notable at young ages and among Latinxs. These results indicate that although tempo distortion is likely an important contributor to the decline in TFR, it is not the sole explanation: U.S. individuals are intending to have fewer children than their immediate predecessors, which may translate into a decline in cohort completed parity. However, the change in intended parity is modest and average intended parity remains above two children.

scholarly journals Evaluating the Effects of the Home Affordable Modification Program

2021 ◽  
Author(s):  
Richard Cóndor
Keyword(s):  
General Equilibrium ◽  
Great Recession ◽  
Heterogeneous Agents ◽  
Idiosyncratic Risk ◽  
The Great Recession ◽  
Heterogeneous Agents Model ◽  
The U.S

The Home Affordable Modification Program (HAMP) was a loan modification program introduced in 2009, in the U.S., to assist highly indebted homeowners with avoiding foreclosure. This program also encouraged private lenders to offer more sustainable modifications. This paper studies the role of HAMP in preventing higher foreclosures rates during and after the Great Recession, in the context of a general-equilibrium heterogeneous-agents model with two types of households (Borrowers and Savers), uninsurable idiosyncratic risk, and both private and HAMP modifications. The main result is that, without HAMP, the peak in the foreclosure rate could have been 50% larger (3.2 percent vs 2.2 percent in data).

Going South: How Southern Organizing Will Determine the Future of the Labor Movement

2020 ◽  
pp. 191-205
Author(s):  
MaryBe McMillan
Keyword(s):  
Labor Movement ◽  
Political Influence ◽  
Right Wing ◽  
The South ◽  
Race And Gender ◽  
Right To Work ◽  
Challenges And Opportunities ◽  
Voter Suppression ◽  
And Gender ◽  
The U.S

This chapter reflects on the challenges and opportunities of building workers' power in North Carolina. To change the political balance of the nation, this chapter argues, we must change the South, which is gaining in jobs, population, and political influence. Home to more than a third of the U.S. population, the region is larger than the Northeast and Midwest combined. Political representatives from the South disproportionately contribute to right-wing agendas, including right-to-work, low wages, and voter suppression. The chapter outlines essential strategies for organizing in the South, or in any right-to-work states with hostile political climates. First, start small and dream big; second, issues of race and gender equality must be addressed; third, unions must build strong locals and unite with community allies. Finally, the labor movement, including central labor councils and state federations, must build political power.

Resolving a Workforce Crisis in the U.S. Roofing Industry

2020 ◽  
pp. 191-207
Author(s):  
John G. Schehl
Keyword(s):  
Great Recession ◽  
Research Study ◽  
Trade Association ◽  
State University ◽  
Arizona State University ◽  
Workforce Shortage ◽  
The Great Recession ◽  
Labor Statistics ◽  
Bureau Of Labor Statistics ◽  
The U.S

The National Roofing Contractors Association (NRCA), a nonprofit construction trade association established in 1886, was challenged to find a solution to overcome a severe industry workforce shortage that emerged as the economy recovered from the great recession. The NRCA leadership, staff, and other industry stakeholders focused on developing strategies to address the workforce crisis head-on and committed resources to develop a series of performance-based programs to overcome the crisis. The new initiatives relied on limited U.S. Department of Labor's Bureau of Labor Statistics (BLS) data to support development decisions. Aware that the available BLS data was insufficient, NRCA commissioned the Arizona State University (ASU) to conduct the roofing industry's first ever comprehensive demographics research study. New data gleaned from the research changed not only NRCA's approach to resolving the workforce crisis, but it may potentially change how the entire roofing industry operates.

scholarly journals Debt Constraints and the Labor Wedge

2016 ◽  
Vol 106 (5) ◽  
pp. 548-553 ◽  
Author(s):  
Patrick Kehoe ◽  
Virgiliu Midrigan ◽  
Elena Pastorino
Keyword(s):  
Great Recession ◽  
Household Debt ◽  
Real Wages ◽  
The Great Recession ◽  
Labor Wedge ◽  
Highly Correlated ◽  
The U.S

Changes in household debt and employment across regions of the U.S. during the Great Recession are highly correlated: regions where the decrease in household debt was most pronounced were also regions where the decline in employment was most severe. We show that the drop in employment in the regions that have experienced the largest decrease in household debt is mostly accounted for by changes in the labor wedge (deviations from a static consumption-leisure choice) as opposed to changes in real wages. We argue that such a pattern is consistent with fluctuations in debt constrain01/2ts in a standard Bewley-Aiyagari model.

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