Job creation and destruction1996

Focusing on the US manufacturing sector from 1972 to 1988, this study addresses the employer rather than worker side of the process, with attention to the relationship between job creation and destruction and employer characteristics. The picture that emerges is one of large, persistent, and highly concentrated gross job creation and destruction, with job destruction dominating the cyclical features of aggregate employment. Annotation c. by Book News, Inc., Portland, Or.