Research Products

Forecasting the Labor Market Prospects of Low-Skilled Americans

Sunday, May 22, 2005

Forecasts the post-recession labor market experiences of less-skilled men and women; estimates the impact that aggregate demand have on the employment-population ratios, employment rates, and labor force participation rates; uses empirical relationships and the Bush Administration’s 2004 and 2005 forecasts of the national unemployment rate to predict the employment-population ratios, employment rates, and labor force participation rates of Americans with the least skills; describes the econometric models in the paper; presents estimates of the relationship between aggregate demand and the participation, employment, and unemployment of young non-enrolled Americans and 10-year forecasts of their labor market outcomes; and discusses findings and their implications

Topic: 
U.S. Labor Market & Industry
Product Type: 
Research Publications & Reports
File Type: 
Portable Document Format (.pdf)
AttachmentSize
PDF icon WP_06.pdf365.59 KB
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