Discussion Paper

A Penny for Your Thoughts? How Survey Comments Help Us Understand Our Region’s Labor Market

Abstract: We regularly report the quantitative results from the Richmond Fed business surveys, but participants' comments also provide useful context for changes in local business conditions. Most recently, a survey of human resources professionals complemented our surveys of area businesses. The comments from both surveys have provided insight into the region's labor market, as well as indicated that the persistent challenge of finding workers has led executives and recruiters to intensify their efforts and expand the tools they use to attract workers.

Keywords: Business Survey; labor market; jobs;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Regional Matters

Publication Date: 2023-10-19