Labor markets in the Tenth District are tighter now than at any time in recent memory. The steady fall of unemployment rates in recent years has led many analysts to wonder if future economic growth in the region could be restricted by labor shortages. The district's labor market is actually...

The Tenth District economy slowed down in 1998, with employment growing marginally below the national average. Despite very tight labor markets, employment growth remained healthy in many sectors. Construction; trade; transportation, communications, and public utilities; and finance, insurance, and...

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The Tenth District economy posted a healthy gain in 1995, although growth slowed from the vigorous tempo of the year before. The district slowed sharply in the spring, but activity rebounded somewhat later in the year, in a pattern similar to that in the national economy. The district's main...

A modification of existing sticky-wage models to account for the observed cyclical behavior of real wages by means of a model that introduces productivity factors into nominal-wage contracts.

A presentation of some new evidence on differences in the causes of high- and low-frequency movements in employment, focusing on whether the components of cyclical and secular (regional) variations in job growth follow similar patterns.