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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| Formato: | info:eu-repo/semantics/article |
| Idioma: | eng spa |
| Publicado em: |
Universidad Autónoma de Baja California
2015
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| Assuntos: | |
| Acesso em linha: | https://ref.uabc.mx/ojs/index.php/ref/article/view/567 |
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| Resumo: | 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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