Figure K
High-pressure labor markets erode age-based gaps in employment-to-population ratios : Changes in age-specific labor market indicators stemming from a 10-percent change in the overall indicator
Outcome | Ages 16-24 | Ages 25+ |
---|---|---|
Unemployment | 8.7 | 10.8 |
EPOP | 14.4 | 9.3 |
Notes:Each bar is the coefficient from the regression of the real annual percent change in a given percentile’s wage on the measure of labor market tightness. Regressions include state and year fixed effects. See Bivens and Zipperer, The Importance of Locking in Full Employment (2018).
Source: Authors’ analysis of annual, state-level aggregations of EPI Current Population Survey Extracts, Version 1.08 (2020), https://microdata.epi.org, 1979–2019.
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