Increased Supply of Underutilized Labor from 2006 to 2014.

摘要

Four BLS measures of labor underutilization are used to analyze changes in the supply of labor from just before the 2007-2009 recession to June 2014; the results indicate that (1) the increase in the number of people marginally attached to the labor force over the period studied may have been due to either inadequate demand or structural factors but in either case had a small impact on the decline in the labor force participation rate and (2) the concomitant unprecedented increase in the number of long-term unemployed could result in structural unemployment if workers skills erode because of their ongoing failure to find a job.