Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets
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.
|Date of creation:||Jul 1988|
|Date of revision:|
|Publication status:||Published as "Employment, Unemployment and Demand Shifts in Local Labor Markets", Review of Economics and Statistics, Vol. 73, no. 1 (1991): 25-32.|
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