We use Bayesian VARs to analyze differences in employment dynamics across population groupsin the US. The employment of males, young people, non-whites, the less educated, and workersin blue-collar occupations fluctuates more heavily. We further document across-group differences in the timing of employment reactions to business-cycle shocks. Groups with strongerfluctuations are affected early in the transmission process. Furthermore, we disentangle betweenthe effects of different shocks. Supply shocks primarily drive differences between occupations,genders, age groups, and education groups. Demand shocks are important for the dynamics ofemployment ratios between races and ethnic origins.
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