Failing the Test? The Flexible U.S. Job Market in the Great Recession

Freeman, Richard B.

doi:10.1177/0002716213497463

Cited by 15 publications

(11 citation statements)

References 34 publications

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“…So far, we have documented the extent, the distribution, and the factors associated with wealth losses after the Great Recession. Because of the extensive effects of the Great Recession on the labor market (Freeman, this volume), we now turn to the potential contribution of unemployment to these wealth losses. If households use their assets to smooth consumption in reaction to income losses, as economic theory suggests, we should observe higher wealth losses for those experiencing unemployment.…”

Section: Resultsmentioning

confidence: 99%

“…With the PSID data that are currently available, we do not have information on unemployment experiences after 2008. As Freeman shows (this volume), unemployment rates have recovered very slowly since 2008, with many households experiencing prolonged periods of unemployment. Extended unemployment might in fact explain a larger part of the documented continued decline in net worth through 2011.…”

Section: Resultsmentioning

confidence: 99%

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Wealth Disparities Before and After the Great Recession

Pfeffer¹,

Danziger²,

Schoeni³

2013

The ANNALS of the American Academy of Political and Social Scie

209

162

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The collapse of the labor, housing, and stock markets beginning in 2007 created unprecedented challenges for American families. This study examines disparities in wealth holdings leading up to the Great Recession and during the first years of the recovery. All socioeconomic groups experienced declines in wealth following the recession, with higher wealth families experiencing larger absolute declines. In percentage terms, however, the declines were greater for less-advantaged groups as measured by minority status, education, and pre-recession income and wealth, leading to a substantial rise in wealth inequality in just a few years. Despite large changes in wealth, longitudinal analyses demonstrate little change in mobility in the ranking of particular families in the wealth distribution. Between 2007 and 2011, one fourth of American families lost at least 75 percent of their wealth, and more than half of all families lost at least 25 percent of their wealth. Multivariate longitudinal analyses document that these large relative losses were disproportionally concentrated among lower income, less educated, and minority households.

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Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

Wealth Disparities Before and After the Great Recession

Pfeffer¹,

Danziger²,

Schoeni³

2013

The ANNALS of the American Academy of Political and Social Scie

209

162

View full text Add to dashboard Cite

show abstract

“…The level and duration of unemployment increased markedly as the national economy contracted (Freeman 2013). Between 2007 and 2009, over 7.5 million jobs were lost, pushing the national unemployment rate from 4.4 to 10.1 percent.…”

Section: Work Labor Markets and The Great Recessionmentioning

confidence: 99%

The Great Recession and America’s geography of unemployment

Thiede

Monnat

2016

DemRes

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BACKGROUNDThe Great Recession of [2007][2008][2009] was the most severe and lengthy economic crisis in the US since the Great Depression of the 1930s. The impacts on the population were multi-dimensional, but operated largely through local labor markets. OBJECTIVETo examine differences in recession-related changes in county unemployment rates and assess how population and place characteristics shaped these patterns. METHODSWe calculate and decompose Theil Indexes to describe recession-related changes in the distribution of unemployment rates between counties and states. We use exploratory spatial statistics to identify geographic clusters of counties that experienced similar changes in unemployment. We use spatial regression to evaluate associations between county-level recession impacts on unemployment and demographic composition, industrial structure, and state context. RESULTSThe recession was associated with increased inequality between county labor markets within states, but declining between-state differences. Counties that experienced disproportionate recession-related increases in unemployment were spatially clustered and characterized by large shares of historically disadvantaged racial and ethnic minority populations, low educational attainment, and heavy reliance on pro-cyclical industries. Associations between these sources of vulnerability were partially explained by unobserved state-level factors. CONCLUSIONSThe local consequences of macroeconomic trends are associated with county population characteristics, and the structural contexts and policy environments in which they are embedded. The recession placed upward pressure on within-state disparities in local labor market conditions. CONTRIBUTIONTo present new estimates of the recession's impact on local labor markets, quantify how heterogeneous impacts affected the distribution of unemployment prevalence, and identify county characteristics associated with disproportionately large recession-related increases in unemployment.

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“…Loss of assets and home equity induced many teachers who had planned retirement to defer their plans (Munnell & Rutledge, 2013). Furthermore, because unemployment increased during the recession and job growth was sluggish during the recovery (Freeman, 2013), workers, including teachers, tended to stay in the jobs they had.…”

Section: The Clouded Crystal Ballmentioning

confidence: 99%

The Demand for Special Education Teachers in Rural Schools Revisited: An Update on Progress

Sindelar

Pua

Fisher

et al. 2018

Rural Special Education Quarterly

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In this commentary, we revisit “NCLB and the Demand for Highly Qualified Teachers: Challenges and Solutions for Rural Schools,” an article we published in this journal in 2005. We consider the predictions we made then about the impact of the Highly Qualified Teacher mandate on special education teacher (SET) shortages in rural states and regions, acknowledging that we overlooked the diversity of rural areas and their differentiated needs in our original article. We then update strategies and programs for preparing, recruiting, and retaining SETs in rural schools and discuss the implications of the Every Student Succeeds Act, which has replaced the No Child Left Behind Act, for special education in rural areas. We note with optimism the resilience that rural areas have exhibited in the face of teacher shortages and see hope in recent technology applications and other context-based strategies.

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Failing the Test? The Flexible U.S. Job Market in the Great Recession

Cited by 15 publications

References 34 publications

Wealth Disparities Before and After the Great Recession

Wealth Disparities Before and After the Great Recession

The Great Recession and America’s geography of unemployment

The Demand for Special Education Teachers in Rural Schools Revisited: An Update on Progress

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