workforce

U.S. Jobs Gained and Lost through Trade: A Net Measure

Recent concerns about the transfer of U.S. services jobs to overseas workers have deepened long-standing fears about the effects of trade on the domestic labor market. But a balanced view of the impact of trade requires that we consider jobs created through the production of U.S. exports as well as jobs lost to imports. The authors explore the relationship between trade and job creation in the United States.

International Outsourcing and Individual Job Separations

This paper studies the effects of international outsourcing on individual transitions out of jobs in the Danish manufacturing sector for the period 1992-2001. Estimation of a single risk duration model, where no distinction is made between different types of transitions out of the job, shows that outsourcing has a clear significant positive effect on the job separation rate, but the effect corresponds to a limited number of lost jobs.

Job Creation and Job Destruction in Estonia: Labour Reallocation and Structural Changes

This article documents and analyses gross job flows and their determinants in Estonia over the years 1995-2001, using a database containing the population of officially registered firms in Estonia (all in all 52,000). Results show that job creation and job destruction rates have been rather high in Estonia and are comparable to the levels documented for the US.

Youth Movement

The report from the Federal Reserve Bank of Richmond examines the employment trends of the Blacksburg region and reviews ideas such as research parks, aimed at turing around the downward employment trend for young people.