Erica Groshen from the Federal Reserve Bank of New York
to speak at CPBIS Distinguished Lecture Series

ATLANTA , GEORGIA , January 10, 2005 -(PRNewswire)-- This Distinguished Lecture Series (DLS) event will take place on January 28, 2005 from 11:00-12:30 pm EST in the Kress Auditorium of IPST, on the Georgia Tech campus. Erica Groshen , Assistant Vice President, Research and Market Analysis Group at the Federal Reserve Bank of New York will speak on "Lessons for the Future from the Jobless Recovery".

As we emerge from our nation's longest jobless recovery, what lessons does that experience have for us?  While our aggregate economy is more stable overall (fewer, shorter and shallower recessions), competition is tougher and the pace of change may be if anything more rapid.  What are the key trends in the labor market, such as layoff and hiring patterns, outsourcing, and job quality?  Is the paper industry different?  How can we put them in perspective as we embark on the next economic expansion?

Erica Groshen is currently the Assistant Vice President, Research and Market Analysis Group at the Federal Reserve Bank of New York. She conducts research on labor markets over the business cycle, wage rigidity and dispersion, and the role of employers in labor market outcomes. She is a leader of the International Wage Flexibility Project and co-authored the recently released book How New is the "New Employment Contract"? from the W.E. Upjohn Institute Press. She also edits the Bank's Economic and Policy Review, the flagship publication of the Research Department.

The Distinguished Lecture Series is offered live in the Institute of Paper Science and Technology's Kress Auditorium and by live and archived webcast. For more information on the Distinguished Lecture Series or to register for the FREE webcast please visit: http://www.cpbis.gatech.edu/connect/forumslectures/distlect05/index.htm. The lectures are co-sponsored by CPBIS and the Institute of Paper Science and Technology (IPST) at Georgia Tech.