Results 1 - 1 of 1 for PRIME [Author: Dain Lee]
Where Are the Workers? From Great Resignation to Quiet Quitting - Review
To better understand the tight post-pandemic labor market in the US, we decompose the decline in aggregate hours worked into extensive margin changes (fewer people working) and intensive margin changes (workers working fewer hours). Although the preexisting trend of lower labor force participation, especially by young men without a bachelor's degree, accounts for some of the decline in aggregate hours, the intensive margin accounts for more than half of the decline between 2019 and 2022.
research.stlouisfed.org/.../09/27/where-are-the-workers-from-great-resignation-to-quiet-quitting
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