This monograph studies unemployment in relation to labor market vacancies throughout the United States, using a new set of data: the Survey of Firms from the Employment Opportunity Pilot Project, a labor market experiment conducted by the Department of Labor at 28 sites in 1979 and 1980. The monograph is organized in five chapters. The first…

This document reviews (1) recent trends in labor force participation and employment among young men, paying specific attention to high school dropouts and minorities because their participation and employment rates have particularly declined; (2) several potential causes for the trends (including a decline in the demand for the labor of these…