CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist,...

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CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th , 2010 Presentation at the NAF Event Presentation at the NAF Event Revising Policy Assumptions in the Revising Policy Assumptions in the Wake of The Great Recession Wake of The Great Recession

Transcript of CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist,...

Page 1: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT

RECESSION

Heidi ShierholzEconomist, Economic Policy Institute

October 26th, 2010

Presentation at the NAF EventPresentation at the NAF EventRevising Policy Assumptions in Revising Policy Assumptions in

the Wake of The Great the Wake of The Great RecessionRecession

Page 2: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

Shortfall of over 11 million jobs

Page 3: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

Job seekers per job opening

Page 4: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

Unemployed and job openings, by industry

Page 5: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

Unemployment shares by industry

Page 6: CHANGES IN THE US LABOR MARKET AS A RESULT OF THE GREAT RECESSION Heidi Shierholz Economist, Economic Policy Institute October 26 th, 2010 Presentation.

For more information

Heidi [email protected]

202.533.2560

Economic Policy Institute1333 H Street, NW

Suite 300, East TowerWashington, DC 20005-4707

202.775.8810

www.epi.org