Rezaei, ShawheenNguyen, HaAgarwal, Divya2016-02-022016-02-022016-01https://hdl.handle.net/10986/23715This paper explores the spillover effects of job losses via input-output linkages during the Great Recession. Exploiting exogenous variation in tradable employment shocks across U.S. counties, the paper finds that job losses in a county’s tradable sectors cause further job losses in the county’s supporting services. For a given county, a 10 percent exogenous decline in tradable employment reduces supporting industries’ employment by 3.8 percent. In addition, a county’s regional supporting services are relatively less affected by its tradable job losses than its local supporting services are, which reinforces the argument that the spillovers are due to input-output linkages.en-USCC BY 3.0 IGOJOBSUNEMPLOYMENTEMPLOYMENTNATIONAL BANKSACCOUNTINGWORKERSPRODUCTIONWAGESPOLICIESUNEMPLOYMENT RATEEMPLOYMENT RESEARCHINCOMEINTERESTVALUEBANKEMPLOYMENT EFFECTSSERVICE INDUSTRIESCREDITINDUSTRYMACROECONOMICSINFORMATIONSERVICESAGGREGATE DEMANDHOUSINGPRIMARY SOURCEJOBEFFECTSHUMAN RESOURCE MANAGEMENTLABOR ECONOMICSJOB CREATIONLABOR STATISTICSFIRM SIZEECONOMICSMANAGEMENTJOB LOSSESECONOMIC ANALYSISACCOUNTING SERVICESSERVICE SECTORSMANUFACTURING INDUSTRIESSERVICE EMPLOYMENTEXOGENOUS SHOCKJOB DESTRUCTIONEMPLOYMENT LEVELHUMAN RESOURCELABOR MARKETEXOGENOUS SHOCKSHUMAN RESOURCESTRANSPORTWORKERSUPPLYOUTPUTSHOUSEHOLD CONSUMPTIONPRODUCTIVITYJOB LOSSLENDINGORGANIZATIONSHOUSEHOLD INCOMEFACTORIESLAID-OFF WORKERSLABORGOVERNMENTSTOTAL EMPLOYMENTAGGREGATE EMPLOYMENTINDUSTRIESLONG-TERM UNEMPLOYMENTPRICESFINANCEGOVERNMENT INTERVENTIONPAYROLL SERVICESBANKSWorking PaperWorld Bank10.1596/1813-9450-7543