Area labor market response to national unemployment patterns

Differences in: 1. industry mix, 2. the propensities of residents to spend their income outside their home region, 3. competitive market strengths, 4. layoff policies, 5. unemployment insurance benefit levels, 6. labor force composition, 7. growth, and 8. inflationary impacts, have all proven to be...

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Bibliographic Details
Published in:Monthly labor review 1982-01, Vol.105 (1), p.45-52
Main Authors: Bednarzik, Robert W., Tiller, Richard B.
Format: Article
Language:English
Subjects:
Agroforestry
Business cycles
Construction industries
Death
Economic conditions
Economic fluctuations
Employment
Industrial machinery
Labor force
Labor market
Labor supply
Myocardial infarction
Regional
Research Summaries
Retail industries
Statistical data
Unemployment
Unemployment rates
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Summary:Differences in: 1. industry mix, 2. the propensities of residents to spend their income outside their home region, 3. competitive market strengths, 4. layoff policies, 5. unemployment insurance benefit levels, 6. labor force composition, 7. growth, and 8. inflationary impacts, have all proven to be likely causes of the variance in regional jobless patterns. The unemployment patterns in the New England and Middle Atlantic divisions and selected states in the East North Central division were affected more strongly than those in other areas by national trends over the period under study (1967 through mid-1980). Most states in these divisions appear to be highly sensitive to both short- and long-run national developments. Michigan, which is dominated by the automobile industry, showed the highest cyclical sensitivity among the states studied. On the other hand, California was neither cycle- nor secular-sensitive, exhibiting the most independence from national patterns. National aggregate supply and demand disturbances are apparently transmitted rapidly throughout the economy, and both short- and long-run changes in regional labor market conditions conform closely to national developments.
ISSN:0098-1818
1937-4658