The current state of the labor queue: National and regional Evidence |
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Authors: | Timothy O. Bisping James R. Fain |
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Affiliation: | (1) Louisiana Tech University, 71272 LA, Ruston;(2) Oklahoma State University, 74078 Stillwater, OK |
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Abstract: | We employ vector autoregressive techniques to determine the current state of the labor queue. Unemployment rate differentials have narrowed in recent years, potentially due to a change in the queue ordering, though a tight labor market and a stable queue would yield similar results. We find no evidence that the queue ordering has changed, which brings into question the resiliency of gains made by minority groups. We employ the same techniques to reveal the state of the queue across geographic regions and find that substantial differences exist across regions, implying variation in the relative labor force status of demographic groups. |
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