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ERIC Number: EJ1256111
Record Type: Journal
Publication Date: 2020
Pages: 12
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: N/A
The Impact of the Great Recession on Overeducated and Undereducated Workers
Rubb, Stephen
Education Economics, v28 n3 p263-274 2020
This paper analyzes the labor market impact of the Great Recession on overeducated and undereducated workers. In March 2008, the U.S. economy was near full employment with an unemployment rate of 4.8 percent. The next year, the unemployment rate peaked at 10.0 percent. The pace of the economic decline allows us to observe the workers' education-occupation match before the downturn and examine its impact on them. We find workers categorized as undereducated prior to the Great Recession less likely to become unemployed or have their hours reduced one year later relative to their just educated and overeducated counterparts, "ceteris paribus."
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A