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Title: The Masking of the Decline in Manufacturing Employment by the Housing Bubbl

Citation Type: Journal Article

Publication Year: 2016

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Abstract: The magnitude of the fall in employment and its distribution across the popu- lation can be seen in Figure 1. This figure shows the employment rate from 1980 to 2015, separately by gender and education level, using annual data from the March Current Population Survey (CPS). Most of the reduction in the employment rate since about 2000 has come from those without a four-year college degree, who we refer to as "noncollege" throughout this paper. The employment rate for prime- aged, noncollege men hovered around 85 percent from 1980 to 2000, but in 2014 was only 79 percent, fully 6 percentage points below the 2000 level.

Url: http://www.jstor.org/stable/pdf/43783712.pdf

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Authors: Kofi Charles, Kerwin; Hurst, Erik; Notowidigdo, Matthew J

Periodical (Full): Journal of Economic Perspectives

Issue: 2

Volume: 30

Pages: 179-199

Data Collections: IPUMS CPS

Topics: Housing and Segregation, Other

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