Anne Jordan was a contributing editor to GOVERNING.
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Employment Enigma
fedgazette, the bimonthly newspaper of the Federal Reserve Bank of Minneapolis, may not be part of your regular reading routine, but I can recommend it as consistently well written and interesting, even if you live outside the Feds' six-state Ninth District.
"Job Shocks," a series of articles in the current issue, investigates how local economies respond to massive layoffs or a serious slump in the job market. The authors' general conclusions:
"There are no obvious bogeymen. While it seems there might be a predictable story to tell here--either about the ravages of globalization or the decline of rural economies--what's most interesting is that employment shocks come from all types of sources, making it difficult to anticipate the time, place or source of major job loss; maybe more vexing is the inability to predict who will see job resilience in the aftermath. Those hoping there is a 'recovery template' to follow are likely to be disappointed."
Twitter: @governing
Written and compiled by staff writers and editors, GOVERNING View is an on-the-ground, and sometimes behind-the-scenes, look at the topics we're covering in print and online. From notes on what's up in statehouses, county courthouses and city halls, to encounters with people, places and things, GOVERNING View is a window into the side of state and local government you don't always see.
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