Search Results
Journal Article
Comments on changes to regional employment data: benchmark revisions and NAICS conversion
This article discusses the impact of two major revisions to Bureau of Labor Statistics (BLS) employment data made during 2003. The first change, the annual benchmark revisions, anchored data to the 2002 benchmark. These revisions show that job losses in New England over the past two years were more severe than previously reported. Meanwhile, for the first time since the implementation of the Standard Industrial Classification (SIC) system in 1939, all existing industry classifications were redefined as BLS introduced the North American Industry Classification System (NAICS) to a range of ...
Journal Article
Comments on 1997 benchmark revisions to regional employment data
Journal Article
The future of skilled labor: New England’s supply of recent college graduates
One of New England?s greatest assets is its skilled labor force which has historically been an engine of economic growth in the region. Yet the population of recent college graduates?the skilled labor force of the future?has been growing more slowly in New England than in the rest of the United States. Thus, the need to attract and retain recent college graduates has become a salient issue in every New England state. Policymakers and business leaders alike are concerned that an inadequate supply of skilled workers will hamper economic growth by creating barriers for companies looking to ...
Journal Article
The defense buildup and state economic performance in the 1980s
Journal Article
Retrospective of the 1980s
Journal Article
The economic performance of the New England states in 2001: an overview
The year 2001 marked the end of a ten-year economic expansion for the nation and New England. Both the recession that began in the first quarter of 2001 and the terrorist attacks of September 11 weakened the region's labor market, which had built strength in the 1990s and through 2000. Employment in nearly all of the region's states and major industries declined in 2001, while unemployment became more widespread. Furthermore, the value of exports dropped across most major industries and destinations. The region's residential real estate market remained robust, however, as prices increased ...