2023-09-28 14:46:10 +00:00
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abstract: 'This article describes 40 years of trends in wages and labor force
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participation for the ``working class{''''}-workers with a high school
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education or less-compared to workers with a college degree or more. We
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compare cyclical peaks over the entire period 1979 to 2019, with
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particular focus on the Great Recession (2007-2010) and recovery
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(2010-2019). We also present results by gender and race. We find real
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wage growth for all workers in the recovery from the Great Recession,
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but not enough to change the long-term trends of growing inequality and
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stagnant wages for the less educated. We also find that labor force
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participation continued to decline for the less educated, even during
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the recovery. Gaps between whites and Blacks grew, while Hispanics and
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Asians made more progress than Blacks. We consider various explanations
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for these findings and show that the early effects of the 2020 to 2021
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pandemic recession hurt less-educated workers and those of color more
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than anyone else.'
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affiliation: 'Holzer, HJ (Corresponding Author), Georgetown Univ, McCourt Sch Publ
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Policy, Publ Policy, Washington, DC 20057 USA.
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Groshen, Erica L., Cornell Univ, ILR, Ithaca, NY 14853 USA.
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Holzer, Harry J., Georgetown Univ, McCourt Sch Publ Policy, Publ Policy, Washington,
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DC 20057 USA.'
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author: Groshen, Erica L. and Holzer, Harry J.
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author-email: hjh4@georgetown.edu
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author_list:
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- family: Groshen
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given: Erica L.
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- family: Holzer
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given: Harry J.
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da: '2023-09-28'
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doi: 10.1177/00027162211022326
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eissn: 1552-3349
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files: []
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issn: 0002-7162
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journal: ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE
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keywords: wages; participation; working class; Great Recession
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keywords-plus: EMPLOYMENT
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language: English
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month: MAY
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number: 1, SI
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number-of-cited-references: '46'
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pages: 49-69
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papis_id: 0d94947e0d6c85e126a0ced0690e9827
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ref: Groshen2021labormarket
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times-cited: '7'
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title: 'Labor Market Trends and Outcomes: What Has Changed since the Great Recession?'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000687750000003
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usage-count-last-180-days: '1'
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usage-count-since-2013: '9'
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volume: '695'
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web-of-science-categories: Political Science; Social Sciences, Interdisciplinary
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year: '2021'
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