Measuring Local Job Distress

Timothy Bartik ()

No 20-335, Upjohn Working Papers from W.E. Upjohn Institute for Employment Research

Abstract: In this paper, estimates are presented on short-run effects of demand shocks on a local labor market’s employment to population ratio (employment rate). Based on the estimates, commuting zones (CZs) better define a local labor market than counties, because both employment and employment rate effects exhibit large spillovers across counties within a CZ. In addition, the estimates suggest that demand shock effects vary, by an amount that is both statistically and substantively significant, with a CZ’s prior overall employment rate.

Keywords: Local labor markets; distressed regions; job creation benefits; local labor demand (search for similar items in EconPapers)
JEL-codes: R23 (search for similar items in EconPapers)
Date: 2021-01
New Economics Papers: this item is included in nep-geo, nep-lab and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:upj:weupjo:20-335

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