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Which industries are shifting the Beveridge curve?

The article reports on a study regarding the industries which are slowly shifting in the Beveridge curve, a measure of the negative connection between the unemployment rate and job opening rate in the U.S. According to job opening and labor turnover survey (JOLTS) data in the country, the failure of...

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Published in:Monthly Labor Review Vol. 135; no. 6; pp. 25 - 38
Main Authors: Barnichon, Regis, Elsby, Michael, Hobijn, Bart, Rahin, Ayegül
Format: Article
Published: US Department of Labor Jun2012
Subjects:
United States
Unemployment
Job vacancies
Labor turnover
Labor market
Labor mobility
Beveridge curve
Unemployment statistics
United States economy, 2009-2017
Online Access:View this record in EBSCOhost
Summary:The article reports on a study regarding the industries which are slowly shifting in the Beveridge curve, a measure of the negative connection between the unemployment rate and job opening rate in the U.S. According to job opening and labor turnover survey (JOLTS) data in the country, the failure of the nation to improve its unemployment rate despite the economic growth is due to the shortcomings of job openings. The authors mention that the shortcoming of hires per vacancy is forcing the labor market to shift in the Beveridge curve.