The Labor Market in the Great Recession-An Update to September 2011/Comment and Discussion

Since the end of the Great Recession in mid-2009, the unemployment rate has recovered slowly, falling by only 1 percentage point from its peak by September 2011. We find that the lackluster labor market recovery can be traced in large part to weakness in aggregate demand; only a small part seems att...

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Veröffentlicht in:Brookings papers on economic activity 2011-10, p.353
Hauptverfasser: Elsby, Michael W L, Hobijn, Bart, Sahin, Aysegül, Valletta, Robert G, Stevenson, Betsey, Langan, Andrew
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Sprache:eng
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