The U.S. economy creates more than 7 million new jobs every quarter, and millions of workers quit their jobs each month. What do these numbers mean for our understanding of the labor market? What impact does a fluid labor market have on productivity growth? How does the pace of job creation, departures, and layoffs differ by industry and employer size?
Please join us as AEI visiting scholar Steven J. Davis addresses these and related questions. Davis will draw on his recent study, "The Flow Approach to Labor Markets." Jared Bernstein of the Economic Policy Institute and Diana Furchtgott-Roth of the Hudson Institute will comment on the study and offer their own perspectives on U.S. labor markets.
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