Labor market volatility in the meat processing sector

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Bibliografski detalji
Izdano u:Agricultural and Resource Economics Review vol. 54, no. 2 (Aug 2025), p. 372
Glavni autor: Collins, LaPorchia A
Daljnji autori: Goodwin, Barry K, A Ford Ramsey
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Cambridge University Press
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100 1 |a Collins, LaPorchia A  |u Friedman School of Nutrition Science and Policy, Tufts University, Boston, MA, USA 
245 1 |a Labor market volatility in the meat processing sector 
260 |b Cambridge University Press  |c Aug 2025 
513 |a Journal Article 
520 3 |a We consider the effect of labor market volatility on employment and wages in the meat processing sector. The period of study includes the COVID-19 pandemic, which resulted in significant labor market shocks in the sector. We examine the relationship between historical volatility of employment and wages and current employment and wages, focusing on the animal slaughtering and processing sector (NAICS 3116). We utilize county-level data to estimate dynamic panel data models of employment and wages. We find that historical volatility in both employment and wages had a significant negative impact on employment in the sector. In the case of wage volatility, we find that wages are higher following periods of significant wage volatility, suggesting that workers demand higher wages under conditions of market volatility. During COVID, smaller meat processors had lower levels of employment, but a small number of large processors had significantly higher levels of employment. In contrast, wages were higher after COVID-19 for almost all counties included in the analysis. In an aggregate sense, COVID tended to largely reduce employment but increase wages in the meat processing sector. 
651 4 |a United States--US 
653 |a Pandemics 
653 |a Employment 
653 |a Meat products 
653 |a Volatility 
653 |a Food supply 
653 |a COVID-19 
653 |a Manufacturing 
653 |a Meat 
653 |a Wages & salaries 
653 |a Labor market 
653 |a Labor 
653 |a Supply chains 
653 |a Processors 
653 |a Executive orders 
653 |a Disease transmission 
653 |a Meat processing 
653 |a Economic 
700 1 |a Goodwin, Barry K  |u Departments of Economics and Agricultural and Resource Economics, North Carolina State University, Raleigh, NC, USA 
700 1 |a A Ford Ramsey  |u Department of Agricultural Economics, University of Georgia, Athens, GA, USA 
773 0 |t Agricultural and Resource Economics Review  |g vol. 54, no. 2 (Aug 2025), p. 372 
786 0 |d ProQuest  |t ABI/INFORM Global 
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