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Journal Article
The labor market in mid-1954
anonymous (1954-08)
Federal Reserve Bulletin , Issue Aug , Pages 805-811

Journal Article
Urban areas host the largest manufacturing and service employers
Hernandez-Murillo, Ruben; Marifian, Elise (2013-07)
The Regional Economist , Issue July

Journal Article
Was job quality “job one” in the tri-state region’s economic recovery?
Mester, Loretta J.; Olney, William (2004-12)
Employment growth has been the most hesitant part of this recovery. Labor markets have been weaker for longer in this recovery than in the other postwar recoveries, even the so-called ?jobless recovery? of 1991-92, at least by some measures.
Research Rap Special Report , Issue Dec

Working Paper
Employment in the Great Recession : How Important Were Household Credit Supply Shocks?
Garcia, Daniel I. (2018-11-13)
I pool data from all large multimarket lenders in the U.S. to estimate how many of the over seven million jobs lost in the Great Recession can be explained by reductions in the supply of mortgage credit. I construct a mortgage credit supply instrument at the county level, the weighted average (by prerecession mortgage market shares) of liquidity-driven lender shocks during the recession. The reduction in mortgage supply explains about 15 percent of the employment decline. The job losses are concentrated in construction and finance.
Finance and Economics Discussion Series , Paper 2018-074

Working Paper
Estimating Hysteresis Effects
Furlanetto, Francesco; Lepetit, Antoine; Robstad, Ørjan; Rubio-Ramirez, Juan F.; Ulvedal, Pål (2021-11-09)
In this paper, we identify demand shocks that can have a permanent effect on output through hysteresis effects. We call these shocks permanent demand shocks. They are found to be quantitatively important in the United States, in particular when the sample includes the Great Recession. Recessions driven by permanent demand shocks lead to a permanent decline in employment and investment, although output per worker is largely unaffected. We find strong evidence that hysteresis transmits through a rise in long-term unemployment and a decline in labor force participation and disproportionately ...
FRB Atlanta Working Paper , Paper 2021-24

Journal Article
Has the U.S. economy become less interest rate sensitive?
Willis, Jonathan L.; Cao, Guangye (2015-07-08)
Jonathan L. Willis and Guangye Cao investigate shifts in the economy?s sensitivity to interest rates by examining how total employment responds to changes in monetary policy.
Macro Bulletin

Newsletter
Estimating the trend in employment growth
Brave, Scott; Aaronson, Daniel (2013-07)
For the unemployment rate to decline, the U.S. economy needs to generate above-trend job growth. We currently estimate trend employment growth to be around 80,000 jobs per month, and we expect it to decline over the remainder of the decade, due largely to changing labor force demographics and slower population growth.
Chicago Fed Letter , Issue July

Journal Article
Knock on wood, Jasper economy remains strong
Sparks, Glen (2007-10)
The Regional Economist , Issue Oct , Pages 14-15

Discussion Paper
Upstate New York Job Growth: The Bad News Is that the Good News Was Wrong
Abel, Jaison R.; Deitz, Richard (2016-03-25)
In 2015, upstate New York looked to be having its strongest job growth in years. Employment was estimated to be growing at around one percent—below the national pace, but twice the region's trend growth rate since the end of the Great Recession. Buffalo, in particular, looked to be gaining significant numbers of construction and manufacturing jobs for the first time in decades, pushing it to its highest job growth since the late 1990s. Unfortunately, the good news was wrong. Annual benchmark revisions to New York State's employment data released in early March cut upstate's growth rate in ...
Liberty Street Economics , Paper 20160325

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

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