# Professor Holger Mueller's research on corporate debt and job losses is featured

1 Faculty News May 27, 2015 ![Fortune logo](/sites/default/files/styles/246w/public/assets/images/con_031172.jpg?itok=61CxYB-R)>

Excerpt from [Fortune](http://fortune.com/2015/05/27/jobless-blame-corporate-americas-borrowing-binge/) -- "We found that all of the job losses associated with falling house prices during the Great Recession are concentrated among establishments of companies that increased their leverage during the go-go years. Put another way: Employees who had the bad luck of living in towns with a relatively high concentration of debt-laden companies were more likely to get laid off than people who lived elsewhere."

[Read more](http://fortune.com/2015/05/27/jobless-blame-corporate-americas-borrowing-binge/)