Economic Restructuring in New York State
7 Pages Posted: 28 Sep 2004
Abstract
When economic activity slows down, labor markets may undergo extensive structural change - the permanent reallocation of workers across industries. Job losses can be heavy, and creating new jobs and retraining displaced workers to fill them can take time. A high degree of restructuring may help to explain why New York State's most recent downturn persisted for well over two years.
Keywords: New York, job growth, recession, restructuring
JEL Classification: J, R
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Two New Indexes Offer a Broad View of Economic Activity in the New York-New Jersey Region
By James Orr, Robert W. Rich, ...
-
Measuring the Effects of the September 11 Attack on New York City
By Jason Bram, James Orr, ...
-
Can New York City Bank on Wall Street?
By Jason Bram and James Orr
-
New York City's Economy Before and after September 11
By Jason Bram
-
Revenue Implications of New York City's Tax System
By Jesse Edgerton, Andrew Haughwout, ...
-
Taking the Pulse of the New York City Economy
By Jason Bram and James Orr
-
Employment in the New York - New Jersey Region: 2008 Review and Outlook
By Jason Bram, James Orr, ...
-
New Measures of Economic Growth and Productivity in Upstate New York
By Jaison R. Abel and Richard Deitz
-
Compensation for Victims of Terror: A Specialized Jurisprudence of Injury
-
New York's New-Media Boom: Real or Virtual?
By Jason Bram and Michael De Mott