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The Rhode Island labor market in recovery: where is the skills gap?

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  • Mary A. Burke

Abstract

There has been much anecdotal evidence claiming that Rhode Island's labor force is unable to supply the skills that the state's employers seek. The anecdotal evidence has given rise to the concern that labor market mismatch is holding back the state's economic recovery. Such a concern comes with particularly high stakes in the case of Rhode Island, which suffered the most severe drop in employment in New England during the Great Recession and has endured the region's highest unemployment rate during the recovery. This paper conducts a data-driven analysis of several indicators of potential labor market mismatch in Rhode Island in order to ascertain whether the state does indeed suffer from a skills gap that significantly restrains employment growth.

Suggested Citation

  • Mary A. Burke, 2015. "The Rhode Island labor market in recovery: where is the skills gap?," Current Policy Perspectives 15-7, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbcq:2015_007
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    References listed on IDEAS

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    1. Abraham, Katharine G & Katz, Lawrence F, 1986. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 507-522, June.
    2. Lilien, David M, 1982. "Sectoral Shifts and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 777-793, August.
    3. Mary A. Burke, 2014. "Rhode Island in the Great Recession: factors contributing to its sharp downturn and slow recovery," Current Policy Perspectives 14-9, Federal Reserve Bank of Boston.
    4. Edward P. Lazear & James R. Spletzer, 2012. "The United States labor market: status quo or a new normal?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 405-451.
    5. Katharine G. Abraham, 2015. "Is Skill Mismatch Impeding U.S. Economic Recovery?," ILR Review, Cornell University, ILR School, vol. 68(2), pages 291-313, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J69 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Other
    • R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other

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