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Regional employment trends in the Second District

Author

Listed:
  • Lois Banks
  • Charles Steindel

Abstract

It is well known that job growth in the Second District as a whole has not kept pace with national trends over the last few years. This article offers a different perspective by assessing job trends in specific regions within the District. The authors conclude that employment growth has resumed in most of the District and that in areas such as Northern New Jersey and Albany, the gaps with the national data are either small or narrowing. The areas in the District that have been lagging are mainly those feeling the effects of corporate restructuring and defense cutsills that should abate over time.

Suggested Citation

  • Lois Banks & Charles Steindel, 1994. "Regional employment trends in the Second District," Quarterly Review, Federal Reserve Bank of New York, vol. 19(Sum), pages 112-119.
    • Handle: RePEc:fip:fednqr:y:1994:i:sum:p:112-119:n:v.19no.2
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    Cited by:

    1. Richard Deitz & Mike DeMott, 1999. "Is upstate New York showing signs of a turnaround?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(May).

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