Regional Labor Market Adjustments in the United States

Regional Labor Market Adjustments in the United States

Author: Mai Dao

Publisher: International Monetary Fund

Published: 2014-11-25

Total Pages: 51

ISBN-13: 1498380433

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We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.


Regional Labor Market Adjustments in the United States and Europe

Regional Labor Market Adjustments in the United States and Europe

Author: Mai Dao

Publisher: International Monetary Fund

Published: 2014-02-11

Total Pages: 38

ISBN-13: 1475598475

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We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state-relative labor demand shocks. We find that (i) the long-run effect of a state-specific shock on the state employment level has decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger, while that of relative unemployment is weaker during aggregate downturns, and (iv) the change in the response intensity of migration is related to the declining trend in regional dispersion of labor market conditions. Finally, using regional data for a set of 21 European countries, we show that while the short-term response of participation rates to labor demand shocks is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time.


Building America's Skilled Technical Workforce

Building America's Skilled Technical Workforce

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-06-04

Total Pages: 259

ISBN-13: 0309440068

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Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.


Regional Labor Market Adjustments in the United States

Regional Labor Market Adjustments in the United States

Author: Mai Dao

Publisher: International Monetary Fund

Published: 2014-11-25

Total Pages: 51

ISBN-13: 1498302718

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We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.


Regional Labor Market Adjustments in the United States and Europe

Regional Labor Market Adjustments in the United States and Europe

Author: Mai Dao

Publisher: International Monetary Fund

Published: 2014-02-11

Total Pages: 38

ISBN-13: 1475598599

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We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state-relative labor demand shocks. We find that (i) the long-run effect of a state-specific shock on the state employment level has decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger, while that of relative unemployment is weaker during aggregate downturns, and (iv) the change in the response intensity of migration is related to the declining trend in regional dispersion of labor market conditions. Finally, using regional data for a set of 21 European countries, we show that while the short-term response of participation rates to labor demand shocks is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time.


Economic Citizenship in the European Union

Economic Citizenship in the European Union

Author: Paul Teague

Publisher: Routledge

Published: 2005-10-25

Total Pages: 208

ISBN-13: 1134698291

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Paul Teague explores the macro-economic, productive and institutional pressures faced by Europe's social model and assesses a number of economic and political programmes aimed at resolving the crisis. It also considers the role of the European Union building a social dimension to the European economy. The findings suggest that the future of traditional institutions of Social Europe is under threat. However, they also stress that we are not on the threshold of the 'Americanisation' of European life. This study finds that the influential political forces that reject the dismantling of Europe's social model should not be preoccupied with defending inherited institutions. Instead this book argues that they should encourage the construction of new forms of social solidarity compatible with the complexities of modern economic life.


Behind the Myth of European Union

Behind the Myth of European Union

Author: Ash Amin

Publisher: Routledge

Published: 2002-06-01

Total Pages: 317

ISBN-13: 113479083X

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The vision of the original arhitects of the European Community was to create a Europe of economic prosperity and social harmony. Economic integration has come ever closer, but sustained growth and a reduction in social disparities seen as far away as ever. This book examines the prospects for the real cohesion in Europe and find that, far from promroting it, many of the Community's current policies are divisive. The neo-liberal philosophy at the moment is producing policies which favour relatively wealthy regions and major corporations at the expense of less favoured regions and peoples.


The evolution of regional labor market disparities

The evolution of regional labor market disparities

Author: Daniel Werner

Publisher: wbv Media GmbH & Company KG

Published: 2013-08-15

Total Pages: 279

ISBN-13: 3763940766

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Zahlreiche Länder, so auch Deutschland, zeichnen sich durch ausgeprägte regionale Disparitäten auf dem Arbeitsmarkt aus. Regionalökonomische Studien liefern unterschiedlichste Ansätze, um die Existenz solcher Unterschiede zu erklären. Aber nur wenige Arbeiten geben Aufschluss über die Dynamik regionaler Arbeitsmarktdisparitäten: Nehmen diese im Zeitablauf zu, verringern sie sich oder bleiben sie stabil? Auch blenden die bisherigen Studien aus, welche Rolle Beschäftigtengruppen mit unterschiedlichem Qualifikationsniveau in diesem Prozess spielen. Die Arbeit von Daniel Werner schließt diese Lücken. Detailliert untersucht Werner zudem die Anpassungsprozesse nach regionalen Arbeitsmarktschocks. Sein Fazit: Die Mobilität der Arbeitskräfte - und hier insbesondere das Pendeln - ist der wichtigste Ausgleichsmechanismus.