Job Market Monitor
Great Recession
Netherlands / There is little difference between the cyclical sensitivity of immigrant unemployment
In absolute terms, the Great Recession affected the unemployment rate of non-Western immigrants more than that of native workers in the Netherlands. However, this merely reflects their generally weak labour-market position – job-finding rates are much lower for non-Western immigrants than they are for natives. There is little difference between the cyclical sensitivity of these … Continue reading
Great Recession and suicide / A global increase
There were an estimated 4884 (95% confidence interval 3907 to 5860) excess suicides in 2009 compared with the number expected based on previous trends (2000-07). Continue reading
Young and Jobless in Ontario / A report by Canadian Centre for Policy Alternatives
Five years after the global economic meltdown, youth employment levels remain significantly depressed, tracking much lower than the national average. Continue reading
US / The number of poor in the 100 largest metro areas edges upward by 1.1 percent
For the fifth year in a row since the onset of the Great Recession, the number of poor residents in the nation’s 100 largest metro areas grew between 2011 and 2012, edging upward by 1.1 percent or 320,000 people. Continue reading
The Great Recession / Suicides spiked a study finds
The Great Recession resulted in 5,000 additional suicides worldwide in 2009, according to a recent study — the first to look at suicide trends globally in the wake of the crisis Continue reading
Good Times at the Top writes Krugman
We’re not talking about the rise of a broad class of highly educated workers, we’re talking about a tiny elite Continue reading
The fith anniversary of the day that Lehman Brothers collapsed / Charts You Need To See
Here are charts that capture the scope and struggles of the Great Recession, five years after it began Continue reading
US Recovery and Real Income Growth / The top 1%: 31% – the bottom 99%: less than 1%
New data reveal that the top 1% enjoyed real income growth of 31% between 2009 and 2012, compared with growth of less than 1% for the bottom 99% Continue reading
US Gender Jobs Gap / Women have regained all jobs lost during the Great Recession
U.S. women have recovered all the jobs they lost to the Great Recession. The same can’t be said for men, who remain 2.1 million jobs short Continue reading
Wages Growth in US since the Great Recession – Maps
workers’ wage growth has been uneven across the country’s metros. To chart where wages have grown the most during America’s recovery, my Martin Prosperity Institute colleague Charlotta Mellander ran the numbers on average change in wages and salaries for all 350-plus U.S. metros between 2009 and 2012 (the latest year available) based on data from the … Continue reading
UK / The Great Recession could be called the “Long Recession”
The current recession is represented by the red line. It is called the Great Recession but could be called the “Long Recession” as it surpasses in length anything before Continue reading
US / AEI Economic Outlook: the current expansion is getting close to its end
By the long-run standard the current expansion, at 49 months (54 months by year-end, when growth is widely forecast to be 3 percent), is getting close to its end Continue reading
Youth and the Great Recession / What’s Important In Life ?
Young people showed signs of being more interested in conserving resources and a bit more concerned about their fellow human beings Continue reading
US / Mismatch increased during the Great Recession finds FRBSL
Mismatch increased during the Great Recession. Mismatch can account for at most 2.72 percentage points of the 5.30-percentage-point increase in the unemployment rate from the beginning of the recession to the unemployment rate peak. Continue reading
American households have not fully recovered from the Great Recession finds St. Louis Fed
In an essay from the Federal Reserve Bank of St. Louis’ new Center for Household Financial Stability, the authors provide data on the damage to household wealth during the Great Recession, explore the circumstances that led to large declines in household wealth, make the case that such wealth has not fully recovered and show why … Continue reading
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