Employment performance by sector in Hidalgo, County, Texas, 2007–2011

Employment performance by sector in Hidalgo, County, Texas, 2007–2011

This article examines the sectoral performance of the economy of Hidalgo County, Texas, using as reference the 2007–2011 recession period of the U.S. economy. The results of the investigation show that Hidalgo County avoided the contraction of the U.S. employment rate of –4.4%, as evidenced by a pos...

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Bibliografiset tiedot
Päätekijä: Vera Vázquez, Rodrigo
Aineistotyyppi: info:eu-repo/semantics/article
Kieli:eng
spa
Julkaistu: Universidad Autónoma de Baja California 2015
Aiheet:
Employment
shift-share
Hidalgo
McAllen
Reynosa
Social Sciences
Economy
capitalism
Business cycles
Finance
Banking
Bank loans
Banks and State
Investment funds
Public debts
Government spending
Empleo
Reynosa.
Ciencias sociales
Economía
Capitalismo
Ciclos económicos
Finanzas
Banca
Préstamos del banco
Los bancos y el Estado
Los fondos de inversión
Las deudas públicas
El gasto del gobierno
Linkit:https://ref.uabc.mx/ojs/index.php/ref/article/view/567
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Yhteenveto:This article examines the sectoral performance of the economy of Hidalgo County, Texas, using as reference the 2007–2011 recession period of the U.S. economy. The results of the investigation show that Hidalgo County avoided the contraction of the U.S. employment rate of –4.4%, as evidenced by a positive local employment rate of 5.2%. This recession–proof profile is explained by its orientation toward a service economy, including the public administration sector as a strategic field for correcting market failures. The shift–share technique was applied to provide an account of sectoral performance, supplied with data from the U.S. Bureau of Labor Statistics. The data obtained are discussed in the framework of the theoretical discussion related to the implementation of Keynesian–style active policies.

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