This paper uses data on unemployment rates and job vacancy rates to measure structural/frictional and demand-deficient components of unemployment rate differences across local labor markets. Data on occupational and industrial distributions of unemployed workers and vacant jobs, as well as on local wages, recent sales growth, Unemployment Insurance, and demographics are then used to help account for these components of unemployment across local areas.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
2652.
Length: Date of creation: Jul 1988 Date of revision: Handle: RePEc:nbr:nberwo:2652
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