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Journal Article
The Richmond Fed and Urban Economics
Urban and Regional Migration Estimates, Second Quarter 2023 Update
This Data Brief updates the figures that appeared in "Urban and Regional Migration Estimates: Will Your City Recover from the Pandemic?" with data for 2023 Q2 for all series. Migration estimates will enable us to track which urban neighborhoods and metro areas are returning to their old migration patterns and where the pandemic has permanently shifted migration trends.
Speech
Crossing the Geographic Divide
Economic growth depends on how many people are working and how productive they are. Given slow population and productivity growth, future economic growth may depend on people currently on the sidelines of the labor market.Many people who have left the labor force have done so for demographic reasons and are unlikely to return. But there are large disparities among working-age people by education, race, gender and geography.For example, both the employment-population ratio and labor force participation rate are lower in rural than in urban areas. There are large divides within cities as ...