Unstable job markets drive up unemployment rates in prosperous times.
The article looks at why some people can't find jobs even when the economy is doing well. The researchers studied data from several countries between 1999 and 2008. They found that when unemployment rates vary a lot by job type, the overall unemployment rate goes down. But when unemployment rates vary a lot by industry, the overall rate goes up. Also, factors like rules and regulations can make it harder to find a job. Economic factors, however, don't seem to have a big impact on unemployment.