Research Department Working Papers
The Dual Beveridge Curve
This paper proposes a novel dual vacancy model that segments the labor market into separate search processes for unemployed and employed workers and provides a better fit to the data than traditional models assuming a homogeneous market.
February 21, 2024
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 2.0 percent (283,500 jobs added) in 2024, with an 80 percent confidence band of 1.2 to 2.8 percent.
February 09, 2024
Hang your hat in Texas: State remains a leader in firm relocations
Recently released data through 2019 show Texas remains a juggernaut, a leader for business relocations. And while figures covering the subsequent pandemic era and beyond are incomplete, anecdotal evidence suggests Texas remains a go-to spot.
February 02, 2024
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.1 to 3.3 percent.
December 22, 2023
WARN layoff notices signal easing Texas labor market
Even with Texas employment growing rapidly and jobless rates remaining low in 2023, mass layoffs may be heading higher, according to notices of pending workforce reductions filed with state officials.
December 15, 2023
Widening gap between rich and poor poses challenge to U.S.
Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.
December 13, 2023
New disruption from artificial intelligence exposes high-skilled workers
With workers still grappling with the consequences of automation, the lightning-speed pace of artificial intelligence (AI) development poses fresh concerns of a new wave of worker displacement.
November 29, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.0 to 3.4 percent.
November 17, 2023
Korea, Japan growth experiences suggest China’s economy to slow in next 20 years
The Chinese economy has grown at an unprecedented pace since the 1980s. However, the pace of growth is likely to slow as China’s economy matures because of its demographic structure and its increasing proximity to economic and technological frontiers.
November 14, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 3.3 percent in 2023, with an 80 percent confidence band of 3.1 to 3.5 percent.
October 20, 2023