Business Dynamics Statistics Briefing: Anemic Job Creation and Growth in the Aftermath of the Great Recession: Are Home Prices to Blame?

12 Pages Posted: 10 Aug 2013

See all articles by John Haltiwanger

John Haltiwanger

University of Maryland - Department of Economics; National Bureau of Economic Research (NBER); Institute for the Study of Labor (IZA)

Javier Miranda

U.S. Census Bureau - Center for Administrative Records Research and Applications

Ron S. Jarmin

U.S. Census Bureau

Date Written: July 2013

Abstract

The economic downturn of 2007-09 is one of the two largest cyclical downturns experienced in the United States in the post-WWII era — the other being the 1982-83 downturn. This period stands out not just for the magnitude of the downturn but also for the slow pace of the recovery.

Using data from the newest release of the Business Dynamics Statistics (BDS), this brief examines job creation and growth after the Great Recession, and the causes for its anemic performance.

Keywords: bds, business dynamics statistics, job creation, great recession, recession

Suggested Citation

Haltiwanger, John C. and Miranda, Javier and Jarmin, Ron S., Business Dynamics Statistics Briefing: Anemic Job Creation and Growth in the Aftermath of the Great Recession: Are Home Prices to Blame? (July 2013). Available at SSRN: https://ssrn.com/abstract=2307881 or http://dx.doi.org/10.2139/ssrn.2307881

John C. Haltiwanger (Contact Author)

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States
301-405-3504 (Phone)
301-405-3542 (Fax)

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Institute for the Study of Labor (IZA) ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Javier Miranda

U.S. Census Bureau - Center for Administrative Records Research and Applications ( email )

4700 Silver Hill Road
Washington, DC 20233
United States

Ron S. Jarmin

U.S. Census Bureau ( email )

4700 Silver Hill Road
Washington, DC 20233
United States

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