Manufacturing Declines, Housing Booms, and the U.S. Labor Market during the 2000s

Professor Erik Hurst discusses the United States’ massive decline in manufacturing employment and shows how the housing boom in the late 2000s masked what may be a permanent decline in employment rates.

Slides for this presentation can be found here.

This video is part of our Economics Amplified podcast series, which can be found on iTunes and MindOnline.