Skip to main content
Return to Brookings Papers on Economic Activity
BPEA Article

Employment Instability and High Unemployment Rates


THE LABOR MARKET is in continuous internal motion, with workers moving
rapidly between jobs, unemployment, and nonparticipation even during
periods of stable economic activity. The flow of workers in and out of unemployment
every month is always far greater than the increase in the
number of the unemployed.


Get daily updates from Brookings