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Speech
The road to recovery: Hudson Valley
Dudley, William (2011)
Remarks at the State University of New York at New Paltz, New Paltz, New York.
Speech , Paper 57

Journal Article
District's largest urban area slowly regains jobs lost during recession
Wheeler, Christopher H.; La Jeunesse, Elizabeth A. (2005-10)
The Regional Economist , Issue Oct , Pages 16

Discussion Paper
Firms' Employment and Wage Outlook Going Into 2025
Mengedoth, Joseph; Kosakow, Jason (2024-12-20)
Every November, the Richmond Fed asks businesses a series of questions about their expectations for hiring, wage adjustments, and other employment-related topics. This year, in addition to the usual set of questions, we asked firms if they have reduced the size of their workforce over the past three months and what workforce decisions they would make if business conditions deteriorated in the next six months.Consistent with past results, most responding businesses expect to maintain or increase employee headcount over the next 12 months. However, there were some shifts in responses compared ...
Regional Matters

Report
Can Treatment with Medications for Opioid Use Disorder Improve Employment Prospects? Evidence from Rhode Island Medicaid Enrollees
Burke, Mary A.; Sullivan, Riley (2022-12-01)
The nation’s long-standing crisis of opioid abuse intensified during the COVID-19 pandemic, with opioid-related deaths rising to nearly 81,000 in 2021, an increase of more than 60 percent from just two years earlier. Also during the pandemic, the labor force participation rate in the United States fell precipitously, and as of September 2022 it remained depressed by more than a full percentage point relative to its February 2020 level despite record numbers of job openings in 2021 and 2022. The unfortunate confluence of labor shortages and record-setting opioid mortality highlights the need ...
New England Public Policy Center Research Report , Paper 22-3

Journal Article
Rip currents: how the recession affected seasonal employment in one beach town
Van Den Berg, David (2009-07)
Related link(s): https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/summer/feature4_weblinks.cfm
Econ Focus , Volume 13 , Issue Sum

Journal Article
From the classroom to the workplace. So where are the jobs?
Taylor, Julia R. (2005-07)
Econ Focus , Volume 9 , Issue Sum , Pages 34

The Changing Composition of Disability among America’s Workers
Gascon, Charles S.; Martorana, Joseph; Moore, Samuel (2024-08-22)
Employment has increased at a higher rate among the disabled population than the broader population since the onset of COVID-19. Which types of disabilities are associated with the recent increase?
On the Economy

Working Paper
Household Liquidity and Macroeconomic Stabilization: Evidence from Mortgage Forbearance
Lee, Sean Chanwook; Maghzian, Omeed (2023-09-10)
We estimate the impact of household liquidity provision on macroeconomic stabilization using the 2020 CARES Act mortgage forbearance program. We leverage intermediation frictions in forbearance induced by mortgage servicers to identify the effect of reducing short-term payments with little change in long-term debt obligations on local labor market outcomes. Following statewide business reopenings, a 1 percentage point increase in the share of mortgages in forbearance leads to a 30 basis point increase in monthly employment growth in nontradable industries. In a model incorporating ...
Working Papers , Paper 23-12

Working Paper
On the employment effect of technology : evidence from U.S. manufacturing for 1958-1996
Chang, Yongsung; Hong, Jay H. (2003)
Recently, Gal and others have found that technological progress may be contractionary: a favorable technology shock reduces hours worked in the short run. We ask whether this observation is robust in disaggregate data. According to our VAR analysis of 458 four-digit U.S. manufacturing industries for 1958-1996, some industries do exhibit temporary reduction in hours in response to a permanent increase in TFP. However, there are far more industries in which technological progress significantly increases hours. Using micro data on average price duration, we ask whether the difference across ...
Working Paper , Paper 03-06

Briefing
Impact of the COVID-19 Pandemic on New England Homeowners and Renters
Chiumenti, Nicholas (2020-05-18)
Job losses and likely layoffs related to the COVID-19 pandemic will put many New England residents at risk of not being able to pay their mortgage or rent and needing financial assistance and state-government safeguards to remain in their homes. Economic interventions from Congress, primarily through the federal CARES Act, include direct payments to households and increased unemployment insurance benefits that are expected to provide vital support to many of these households for the next three to four months. Even with these efforts, 2 to 3 percent of New England homeowners and 9 to 13 ...
New England Public Policy Center Regional Brief , Paper 2020-02

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