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Changes in the U.S. Economy and Rural-Urban Employment Disparities

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  • Andrew M. Dumont

Abstract

In the United States, long-term changes in the nature of the economy – including advances in technological innovation and automation, declines in the extraction of certain energy resources, increases in globalization, and a shift to the "knowledge-based" economy – have coincided with disproportionately negative employment outcomes in many rural, or "nonmetro," communities, especially for prime working-age men and those with less than a high school degree.

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  • Andrew M. Dumont, 2024. "Changes in the U.S. Economy and Rural-Urban Employment Disparities," FEDS Notes 2024-01-19-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2024-01-19-1
    DOI: 10.17016/2380-7172.3428
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