Adrien's job market paper shows that the job-losing-rate is responsible for most of the spatial differences in unemployment and develops a dynamic theory of spatial geography that features equilibrium ...

(See “Supply and Demand”) Yet the very existence of unemployment seems to imply that in labor markets around the world, the demand for and supply of labor fail to reach an equilibrium. Do labor ...

Yet the very existence of unemployment seems to imply that in labor markets around the world, the demand for and supply of labor fail to reach an equilibrium. Do labor markets continually fail? But ...

but the data indicated signs of equilibrium in the second half. "In the first half of 2024, we saw unemployment start rising, and it was a pretty good cause for concern," Stahle said. "But then in ...