IDEAS home Printed from https://ideas.repec.org/a/fip/fedrrf/98459.html
   My bibliography  Save this article

Research Spotlight: Skill Mismatch, Layoffs, and Bouncing Back

Author

Abstract

Being laid off from one's job often leads to worse future employment outcomes. The underlying reasons for this are unclear, however. Recent research by Richmond Fed Economist Claudia Macaluso has found that mismatch between a laid-off worker's skills and the skills involved in other local jobs plays a significant role. She created a novel measurement of "local skill remoteness" and used it to compare the effects of layoffs from jobs with varying levels of this skill remoteness on a worker's wages, future employment, and migration.

Suggested Citation

  • Brooke Hansbrough, 2024. "Research Spotlight: Skill Mismatch, Layoffs, and Bouncing Back," Econ Focus, Federal Reserve Bank of Richmond, vol. 24(3Q), pages 1-27, August.
    • Handle: RePEc:fip:fedrrf:98459
    as

    Download full text from publisher

    File URL: https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/econ_focus/2024/q3/research_spotlight_Hansbrough.pdf
    File Function: Journal Article
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    human capital; human capital and labor;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedrrf:98459. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Pascasio (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.