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2015 Labor Market Workshop

Employment is a basic way of judging an economy's success, and the unemployment rate in the United States reached a recent height of 10 percent during October 2009. This massive economic downturn elicited a strong policy response to raise employment and support the unemployed. As the labor market continues its recovery from the Great Recession, what lessons can be learned from this recent experience?

This workshop features research that attempts to understand various aspects of the labor market:

  • What future trends might we expect to see in employment, unemployment, and labor force participation?
  • How do unemployment insurance policies affect the labor market?
  • How has the nature of persistent unemployment changed since the Great Recession?
  • How has the labor market changed in recent years at different parts of the wage distribution?
  • What explains recent trends in entrepreneurship and self-employment?

By bringing together leading researchers in the field to address these topics and more, the workshop aims to bring attention to the most important issues researchers are studying related to the labor market.


   Day One — Friday, February 27

12:30 — 1:30 Lunch
1:30 — 2:30 Ana Maria Herrera — University of Kentucky
The Effects of Oil Price Shocks on Job Reallocation {PDF}
2:45 — 3:45 Fatih Karahan — Federal Reserve Bank of New York
Population Aging, Migration Spillovers and the Decline in Interstate Migration (PDF)
4:00 — 5:00 Susan Houseman — WE Upjohn Institute
Temporary Help Employment in Recession and Recovery 
6:00 Dinner
John Haltiwanger — University of Maryland
Labor Market Fluidity and Economic Performance {PDF}


   Day Two — Saturday, February 28

8:00 — 8:30 Breakfast
8:30 — 9:30 Harry Holzer — Georgetown University
Is It Worth It? Postsecondary Education and Labor Market Outcomes for the Disadvantaged {PDF}
9:45 — 10:45 Marianna Kudlyak — Federal Reserve Bank of Richmond
Measuring Heterogeneity in Job Finding Rates among the Nonemployed Using Labor Force Status Histories {PDF}
11:00 — 12:00 Rob Valletta — Federal Reserve Bank of San Francisco
Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market 
12:00 — 1:00 Lunch
1:00 — 2:00 Mark Schweitzer — Federal Reserve Bank of Cleveland
The Ins and Outs of Entrepreneurship: Explaining the Decline in Self-Employment (PDF)


Co-Sponsors: Federal Reserve Bank of Cleveland and University of Kentucky