This paper analyzes the effects of demand shifts within and between local labor markets on unemployment and employment … large fractions of the observed variation in unemployment and employment rate levels and changes across markets. Within …-area shifts cause much smaller and insignificant amounts of unemployment if they are between-industry, while shifts within areas …

This paper uses data on unemployment rates and job vacancy rates to measure structural/frictional and demand …-deficient components of unemployment rate differences across local labor markets. Data on occupational and industrial distributions of … unemployed workers and vacant jobs, as well as on local wages, recent sales growth, Unemployment Insurance, and demographics are …

black youth. This also accounts for 57-71% of the difference in unemployment rates between the two. Furthermore, most of …