The Great Resignation vs. The Great Reallocation: Industry-Level Evidence

S. Birinci, Aaron Amburgey
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引用次数: 8

Abstract

demic, and the U.S. economy has substantially recovered. The unemployment rate was 3.9% in December 2021, and real GDP growth has remained above 2% since 2020:Q2. Despite these positive indicators, there is growing sentiment that the pandemic has inflicted long-lasting effects on the labor market. Specifically, a recent, anecdotal impediment to employers has been the lack of available workers; news sources, political pundits, and economists alike are calling it the “Great Resignation”—a phrase stemming from the idea that, since the economy’s recovery, a large quantity of workers have quit their jobs. People generally view the Great Resignation in a negative way, with the underlying connotation that quits are mostly harmful to the economy and that people do not want to work anymore. However, we should be careful when discussing the growing number of quits because it does not necessarily imply a worker has left the labor market or even entered unemployment; many quits are due to workers switching jobs.
大辞职vs大再分配:行业层面的证据
美国经济已经大幅复苏。2021年12月的失业率为3.9%,自2020年第二季度以来,实际GDP增长率一直保持在2%以上。尽管有这些积极的指标,但越来越多的人认为,疫情对劳动力市场造成了长期影响。具体来说,最近雇主面临的一个障碍是缺乏可用的工人;新闻媒体、政治权威人士和经济学家都称之为“大辞职”——这一说法源于这样一种观点,即自经济复苏以来,大量工人辞职了。人们通常以一种消极的方式看待“大辞职”,其潜在含义是辞职主要对经济有害,人们不想再工作了。然而,在讨论越来越多的辞职人数时,我们应该小心,因为这并不一定意味着一个工人已经离开了劳动力市场,甚至进入了失业状态;很多人辞职是因为换工作。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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