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Without Immigration, U.S. Economy Will Struggle to Grow

Slowing labor force growth is the product of a number of factors—the aging of the U.S. population, retiring baby boomers and declining birth rates. But another element is immigration.
Dallas Fed Economics

Commuting Patterns During COVID-19 Endure; Minorities Less Likely to Work from Home

Some workers transitioned to working from home relatively easily. In many jobs, however, performing regular work activities from home is impossible, forcing many individuals to become inactive or look for a new job.
Dallas Fed Economics

Journal Article
Monetary policy and the new normal

Is the economy in for a prolonged spell of slow growth, as some believe, or a burst of innovation and productivity? In either event, policymakers must pay close attention to productivity trends.
Economic Insights , Volume 1 , Issue 1 , Pages 1-4

Dallas Fed Mobility and Engagement Index Gives Insight into COVID-19’s Economic Impact

To gain insight into the economic impact of the pandemic, we developed an index of mobility and engagement, based on geolocation data collected from a large sample of mobile devices.
Dallas Fed Economics

Domestic Migration to Texas Slows as National Labor Markets Tighten

Despite a strong economy and historically low unemployment rates in Texas, net domestic migration to Texas from other states has slowed since 2015.
Dallas Fed Economics

COVID-19 and Unemployment Risk: State and MSA Differences

Which states and MSAs have large shares of workers at high risk of unemployment?
On the Economy

Working Paper
Revisiting the Role of Home Production in Life-Cycle Labor Supply

This paper examines the role of home production in estimating life-cycle labor supply. I show that, consistent with previous studies, ignoring an individual?s time spent on home production when estimating the Frisch elasticity of labor supply biases its estimate downwards. I also show, however, that ignoring other ways a household can satisfy the demand for home production biases its estimate upwards. Changes in this demand over the life-cycle have an income effect on labor supply, but the effect can be mitigated through purchases in the market and through the home production of other ...
Working Paper Series , Paper WP-2015-2

Pandemic Pushed the U.S. into Recession … and Hourly Wages Rose?

The onset of COVID-19 in spring 2020 prompted an unprecedented rapid rise in the unemployment rate. However, a popular and widely cited wage measure—average hourly earnings (AHE)—rose sharply as the health crisis grew.
Dallas Fed Economics

Failed Background Check, Drug Testing Stall Hiring of Low-Skilled Workers

Many companies seek to add employees as the state economy continues expanding at an above-average pace. But not all can find the workers they need.
Dallas Fed Economics

COVID-19, School Closings and Labor Market Impacts COVID-19, School Closings and Labor Market Impacts

With schools closed due to COVID-19, many full-time workers may drop out of the labor force to take care of their children. Which groups of workers might be most affected?
On the Economy


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