Area Economic Conditions and the Labor Market Outcomes of Young Men in the 1990s Expansion
AbstractThe current expansion has shattered the length of the previous longest peace-time boom and brought unemployment rates below four percent in 44 percent of metropolitan areas. We estimate the expansion's impact on the labor market outcomes of less-educated men. We find that young men, especially young African American men in tight labor markets experienced a boost in employment and earnings. Adult men had no gains, and their earnings barely changed even in areas with unemployment rates below 4 percent. Youths have higher earnings and employment in low crime states and poorer labor market outcomes in states where incarcerations are high.
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Date of creation: Apr 1999
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Find related papers by JEL classification:
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-04-27 (All new papers)
- NEP-EDU-1999-04-27 (Education)
- NEP-LAB-1999-04-27 (Labour Economics)
- NEP-LTV-1999-05-01 (Unemployment, Inequality & Poverty)
- NEP-PKE-1999-04-27 (Post Keynesian Economics)
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