2006•Wellesley College Digital RepositoryWellesley (Wellesley College)Open access

Assessing the Impact of Job Loss on Workers and Firms

Kristin Frances Butcher, Kevin F. Hallock

Abstract

Many economists agree that the United States' openness to competition and technological change raises our living standards, but sometimes results in job losses.This article summarizes "Job Loss: Causes, Consequences, and Policy Responses," a conference which was cosponsored by the Federal Reserve Bank of Chicago and the Joyce Foundation.

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Key concepts: Job loss, Openness to experience, Competition (biology), Foundation (evidence), Economics, Competition policy, Labour economics, Job creation