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Escaping Unemployment Traps
Sushant Acharya, Julien Bengui, Keshav Dogra, and Shu Lin Wee Economic activity has remained subdued following the Great Recession. One interpretation of the listless recovery is that recessions...
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Just Released: Introducing the SCE Labor Market Survey
John J. Conlon, Gizem Kosar, Giorgio Topa, and Basit Zafar The New York Fed for the first time released its Survey of Consumer Expectations (SCE) Labor Market Survey which focuses on individuals’...
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Just Released: Puerto Rico and the U.S. Virgin Islands after Hurricanes Irma...
Jaison R. Abel, Jason Bram, Richard Deitz, and Jonathan Hastings An examination of the fallout from Hurricanes Irma and Maria on the economies of Puerto Rico and the U.S. Virgin Islands was the focus...
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Do Expansions in Health Insurance Affect Student Loan Outcomes?
Maya Bidanda, Rajashri Chakrabarti, Sean Hundtofte, and Maxim L. Pinkovskiy The Patient Protection and Affordable Care Act (ACA) is arguably the biggest policy intervention in health insurance in the...
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Education’s Role in Earnings, Employment, and Economic Mobility
Rajashri Chakrabarti and Michelle Jiang Amid dialogue about the soaring student loan burden, questions arise about how educational characteristics (school type, selectivity, and major) affect...
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Just Released: Are Employer‑to‑Employer Transitions Yielding Wage Growth? It...
Gizem Kosar and Kyle Smith The rate of employer-to-employer transitions and the average wage of full-time offers rose compared with a year ago, according to the Federal Reserve Bank of New York’s July...
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Just Released: New York State’s Community Colleges are Successfully...
Jaison R. Abel, Tony Davis, Richard Deitz, and Edison Reyes Community colleges frequently work with local employers to help shape the training of students and incumbent workers. This type of engagement...
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Despite Rising Costs, College Is Still a Good Investment
Jaison R. Abel and Richard Deitz Second of two posts In our last post, we showed that the cost of college has increased sharply in recent years due to the rising opportunity cost of attending school...
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Did the Value of a College Degree Decline during the Great Recession?
Rajashri Chakrabarti, Michelle Jiang, and William Nober In an earlier post, we studied how educational attainment affects labor market outcomes and earnings inequality. In this post, we investigate...
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Is Free College the Solution to Student Debt Woes? Studying the Heterogeneous...
Rajashri Chakrabarti, William Nober, and Wilbert van der Klaauw The rising cost of a college education has become an important topic of discussion among both policymakers and practitioners. At least...
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Introduction to Heterogeneity Series II: Labor Market Outcomes
Rajashri Chakrabarti While average outcomes serve as important yardsticks for how the economy is doing, understanding heterogeneity—how outcomes vary across a population—is key to understanding both...
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Translating Weekly Jobless Claims into Monthly Net Job Losses
Jason Bram and Fatih Karahan News headlines highlighting the loss of at least 30 million jobs (so far) underscore the massive shock that has hit the U.S. economy and the dislocation, hardship, and...
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Job Training Mismatch and the COVID‑19 Recovery: A Cautionary Note from the...
Benjamin G. Hyman and Karen X. Ni Displaced workers have been shown to endure persistent losses years beyond their initial job separation events. These losses are especially amplified during...
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Finally, Some Signs of Improvement in the Regional Economy
Jaison R. Abel, Jason Bram, Richard Deitz, and Benjamin G. Hyman The Federal Reserve Bank of New York’s June business surveys show some signs of improvement in the regional economy. Following two...
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Delaying College During the Pandemic Can Be Costly
Jaison R. Abel and Richard Deitz Many students are reconsidering their decision to go to college in the fall due to the coronavirus pandemic. Indeed, college enrollment is expected to be down sharply...
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Understanding the Racial and Income Gap in Commuting for Work Following COVID‑19
Ruchi Avtar, Rajashri Chakrabarti, and Maxim Pinkovskiy The introduction of numerous social distancing policies across the United States, combined with voluntary pullbacks in activity as responses to...
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Black and White Differences in the Labor Market Recovery from COVID‑19
David Dam, Meghana Gaur, Fatih Karahan, Laura Pilossoph, and Will Schirmer The ongoing COVID-19 pandemic and the various measures put in place to contain it caused a rapid deterioration in labor market...
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Women’s Labor Force Participation Was Rising to Record Highs—Until the...
Jaison R. Abel and Richard Deitz Women’s labor force participation grew precipitously in the latter half of the 20th century, but by around the year 2000, that progress had stalled. In fact, the labor...
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Racial Discrimination in Child Protective Services
Natalia Emanuel, E. Jason Baron, Joseph J. Doyle Jr., and Peter Hull Childhood experiences have an enormous impact on children’s long-term societal contributions. Experiencing childhood maltreatment is...
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The Power of Proximity: How Working beside Colleagues Affects Training and...
Natalia Emanuel, Emma Harrington, and Amanda Pallais Firms remain divided about the value of the office for “office” workers. Some firms think that their employees are more productive when working from...
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