Federal Reserve Bank of Chicago, USA
IZA World of Labor role
Senior Economist, Federal Reserve Bank of Chicago, USA
Labor economics (micro and macro), employment and firm dynamics, urban growth and agglomeration
Senior Economist, Federal Reserve Bank of Philadelphia, USA, 2007–2011; Research Economist, US Bureau of Labor Statistics, 2003–2007
PhD Economics, University of Maryland, College Park, 2003
“The establishment-level behavior of vacancies and hiring.” Quarterly Journal of Economics 128:2 (2013): 581–622 (with S. Davis and J. Haltiwanger).
“Recruiting intensity during and after the great recession: National and industry evidence.” American Economic Review Papers & Proceedings 102:3 (2012): 584–588 (with S. Davis and J. Haltiwanger).
“Labor market flows in the cross-section and over time.” Journal of Monetary Economics, Carnegie-Rochester Series on Public Policy Special Issue 59:1 (2012): 1–18 (with S. Davis and J. Haltiwanger).
“Business volatility, job destruction and unemployment.” American Economic Journal: Macroeconomics 2:2 (2010): 259–287 (with S. Davis, J. Haltiwanger, R. Jarmin, and J. Miranda).
“The flow approach to labor markets: New data sources and micro-macro links.” Journal of Economic Perspectives 20:3 (2006): 3–24 (with S. Davis and J. Haltiwanger).
Recruiting intensity is critical for understanding fluctuations in the labor marketR. Jason Faberman, May 2014When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy announcement, such as adjusting education, experience or technical requirements, or offering higher wages. The intensity with which employers make use of these alternative methods can vary widely depending on a firm’s performance and with the business cycle. In fact, persistently low recruiting intensity partly helps to explain the sluggish pace of the growth of jobs in the US economy following the Great Recession of 2007–2009.MoreLess