Browse By:


Monday November 24, 2014 Login |Register


A Project of

sponsored by

Deconstructing Structural Unemployment

Bookmark and Share Report Misuse or Glitches

Publication Date: March 2011

Publisher(s): Center for Economic and Policy Research

Series:

Special Collection:

Topic: Economics (Economic conditions)
Economics (Economic policy, planning, and development)
Labor (Employment and labor supply)

Keywords: unemployment; structural unemployment; Great Recession

Type: Report

Coverage: United States

Abstract:

Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The first argument focuses on the large increase in unemployment among construction workers. The second argument is that falling house prices have reduced the mobility of unemployed workers — creating a “house lock” in which unemployed workers, who would otherwise relocate to regions with jobs, are stuck in high unemployment areas.