Journal Article

Slow work force growth: a challenge for the Midwest?

Abstract: If today's tight labor market in the Midwest can be sustained, as now seems likely, the region's policymakers and businesses will face problems associated with labor-constrained growth rather than the underemployment of the recent past. An era of tight labor markets can be expected to add impetus to public policies that improve labor market efficiency, along with those that address perceived labor market imperfections.

Keywords: Labor market; Labor supply; Middle West; Employment (Economic theory);

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 1999

Volume: 23

Issue: Q II