Worker Flows and Matching Efficiency
23 Pages Posted: 14 Nov 2011
Date Written: November 1, 2011
Although job vacancies have increased quite significantly since mid-2009, the unemployment rate has not declined significantly. This article analyzes the matching efficiency of jobs and workers in U.S. labor markets and its impact on the behavior of the unemployment rate and other labor market outcomes since the start of the latest recession.
Keywords: worker flows, vacancies, unemployment, matching, search, turnover, labor market dynamics, Business Fluctuations Cycles, Labor Turnover, Vacancies, Layoffs, Unemployment: Models, Duration, Incidence, and Job Search
JEL Classification: E32, J63, J64, J60
Suggested Citation: Suggested Citation