Rural Labor Markets Often Lead Urban Markets in Recessions and Expansions

Karen Hamrick

Rural America/ Rural Development Perspectives, 1997, vol. 12, issue 3

Abstract: Rural labor markets respond quickly to business cycle movements, and appear to show signs of recession and expansion before urban labor markets. The rural and urban unemployment rates, on the other hand, show about the same degree of response to changes in gross domestic product. Some rural labor market groups—parttime for economic reasons workers and discouraged workers— respond less to business cycle movements, so that an expansion is less likely to benefit these individuals than those in urban areas.

Keywords: Community/Rural/Urban Development; Labor and Human Capital (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:289760

DOI: 10.22004/ag.econ.289760

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