The Trend is the Cycle : Job Polarization and Jobless Recoveries ∗

  title={The Trend is the Cycle : Job Polarization and Jobless Recoveries ∗},
  author={Nir Jaimovich},
Job polarization refers to the recent disappearance of employment in occupations in the middle of the skill distribution. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how these two phenomena are related. First, job polarization is not a gradual process; essentially all of the job loss in middle-skill occupations occurs in economic downturns. Second, jobless recoveries in the aggregate are… CONTINUE READING
67 Citations
22 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 22 references

Can sectoral reallocation explain the jobless recovery

  • D. Aaronson, E. R. Rissman, D. G. Sullivan
  • Economic Perspectives, Federal Reserve Bank of…
  • 2004
Highly Influential
4 Excerpts

The skill content of recent technological change: An empirical exploration

  • D. H. Autor, F. Levy, R. J. Murnane
  • Quarterly Journal of Economics
  • 2003
Highly Influential
5 Excerpts

The micro and macro of job polarization

  • G. M. Cortes, N. Jaimovich, C. J. Nekarda, H. E. Siu
  • 2012
1 Excerpt

November). Where have the middle-wage workers gone? a study of polarization using panel data

  • G. M. Cortes
  • 2011
2 Excerpts

Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy

  • E. Brynjolfsson, A. McAfee
  • 2011
1 Excerpt

The Polarization of Job Opportunities in the U.S. Labor Market: Implications for Employment and Earnings. Center for American Progress and The Hamilton Project

  • Autor, April
  • 2010
3 Excerpts

On the outlook for the economy and policy

  • B. S. Bernanke
  • 2009
2 Excerpts

Similar Papers

Loading similar papers…