Contrary to assumptions, low-wage workers lose substantial income in years after layoff
A look at the shape of five variables through the last seven downturns vs. today’s numbers
Households with kids ages 6 to 12 feel the interruption most
Steady employment is rare — a condition some U.S. workers also endure
Technology and “industrialization” are reshaping services as they did manufacturing
A 12-month high in local unemployment triggers savings behavior
New research suggests increased risk of illness and death in middle age, on top of longer-lasting income penalty
Analysis also suggests a more rapid economic recovery by keeping workers and employers allied
A study of military base closures finds that labor-friendly policies had little effect on job growth after the layoffs
Researchers struggle with faulty study designs, flyspecking each other’s work, re-arguing decades of debate about jobs and income