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

Andrew M. Dumont

No 2024-01-19-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

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.

Date: 2024-01-19
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-01-19-1

DOI: 10.17016/2380-7172.3428

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