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| Current Issues in Economics and
Finance |
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| Has Structural Change Contributed
to a Jobless Recovery? |
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| August 2003 Volume 9, Number 8 |
| JEL classification: E3, E24, J6 |
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Authors: Erica L. Groshen and Simon Potter The current recovery has seen steady growth in output but no corresponding rise in employment. A look at layoff trends and industry job gains and losses in 2001-03 suggests that structural change—the permanent relocation of workers from some industries to others—may help explain the stalled growth in jobs. |
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