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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...
Persistent link: https://www.econbiz.de/10005373441
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...
Persistent link: https://www.econbiz.de/10005379620
Creating jobs is often the primary goal of economic development policy. To help target their job creation efforts, policymakers generally examine net changes in the official employment figures. But relying solely on net changes can often hide important gross changes that influence the dynamics...
Persistent link: https://www.econbiz.de/10005379887
This article examines job growth in the district's key manufacturing industries and in the seven district states. The article shows that while thousands of manufacturing jobs have been lost since the recovery began, the decline in the district has been less than in the nation. The primary...
Persistent link: https://www.econbiz.de/10005713367
Employment growth in the Tenth District has fallen behind the national rate in 1999 for the first time in ten years. Although all economic sectors have been experiencing slower job growth, the services sector, due to its size, has played perhaps the most important role in the slowdown of overall...
Persistent link: https://www.econbiz.de/10005501442
During the last several years, concern has increased that changes in the financial system have made it harder for rural banks to attract enough deposits to meet local credit demands. While urban banks may face some of the same problems, it is widely believed that funding pressures have increased...
Persistent link: https://www.econbiz.de/10005373406
The movement of people into and out of a state can have important implications for the state’s economy. The total net inflow of people to a state matters because it affects the overall supply of workers in the state. Economists predict that growth in the national labor force will slow in...
Persistent link: https://www.econbiz.de/10005373471
Information about the national economy is typically available well before information about the regional economy. For example, national employment data are usually released about a month before data for individual states, and the state data are often revised subsequently, resulting in a lag of...
Persistent link: https://www.econbiz.de/10005373485
The population of the Tenth Federal Reserve District has become increasingly diverse in recent decades. Since 1970, the share of ethnic and racial minorities in the district has nearly doubled, reaching 25 percent of the area's population in 2005. Minority job situations and earnings have long...
Persistent link: https://www.econbiz.de/10005373487
Manufacturing is a major force in the Tenth District economy, accounting for the largest share of output in the region and one of the largest shares of employment. Moreover, many manufacturing jobs are among the highest paying jobs in the district. Yet little information is available to track...
Persistent link: https://www.econbiz.de/10005379564