U.S. labor market dynamics revisited

Eran Yashiv*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

48 Scopus citations


The picture of U.S. labor market dynamics is opaque. This paper aims at its clarification by (i) listing data facts that can be agreed upon; these indicate that there is considerable cyclicality and volatility of both accessions to and separations from employment and hence both are important for the understanding of the business cycle; (ii) presenting the business-cycle facts of key series; (iii) pointing to specific gaps in the data picture, showing that the definite characterization of labor market dynamics depends upon the closing of these data gaps.

Original languageEnglish
Pages (from-to)779-806
Number of pages28
JournalScandinavian Journal of Economics
Issue number4
StatePublished - 1 Dec 2007


  • Business cycles
  • Gross worker flows
  • Hiring
  • Job finding
  • Labor market dynamics
  • Separation


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