Title
Shift or Shock? Long-Term Balance of Power in Labor Markets
Upjohn Author ORCID Identifier
Publication Date
6-6-2023
Source
Business Economics 58: 85–96
Abstract
Despite rapid growth, the aggregate job count remains below its pre-pandemic trend, particularly in service sectors. Participation rates have been depressed, especially among older groups of the population. Lingering COVID-related health care issues and concerns, including care for household members, and softness in compensation relative to inflation are possible factors relating to the softness in the labor force, accentuating the potential benefits of reviving immigration.
DOI
10.1057/s11369-023-00311-9
Publisher
Springer Nature
Subject Areas
LABOR MARKET ISSUES; Wages, health insurance and other benefits; Immigration
Citation
Stevenson, Betsey, Diane Swonk, and Michael Horrigan. 2023. "Shift or Shock? Long-Term Balance of Power in Labor Markets." Business Economics 58: 85-96. https://doi.org/10.1057/s11369-023-00311-9