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Discussion Paper
A Penny for Your Thoughts? How Survey Comments Help Us Understand Our Region’s Labor Market
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.
Journal Article
The Opioid Epidemic, the Fifth District, and the Labor Force
Economic Trends Across the Region looks at the Opioid Epidemic, the Fifth District, and the Labor Force.
Journal Article
District digest : Economic trends across the region
Article: How the recession affects state and local tax shortfalls - and how those shortfalls affect the recovery. pg. 36-39
Journal Article
District digest : Economic trends across the region
Journal Article
District digest: Econonmic trends across the region
"Long-term industry and occupation outlook in the Fifth district"
Briefing
The size and structure of exports in the Fifth District economy
In the last 10 years, exports have played a growing role in the national economy. This has been especially true in the Fifth District since mid-2002.
Journal Article
Employment Barriers in the Rural Fifth District
In Virginia, 75 percent of working-age adults are employed, in line with the national average of 74 percent. But there are significant disparities across geographies. In Loudoun County, Va., in the Washington, D.C., metro area, the share is 84.1 percent. On the other side of the state, in Lee County, just 48.2 percent of working-age adults are employed. This is true of many socioeconomic indicators: Aggregation is necessary to understand broad outcomes, but with aggregation, we lose important geographic distinctions and, thus, the opportunity to identify both challenges and solutions. This is ...