The Determinants of the Cycles and Trends in U.S. Unemployment

We decompose unemployment movements at all frequencies into the contributions of four economic forces –hiring, layoff, quit, labor market participation ...

At business cycle frequencies, firms'hiring and layoff policies are the main de- terminants of unemployment fluctuations, consistent with standard business ...

Historical U.S. Unemployment Rate by Year - Investopedia

Since the Great Depression, the unemployment rate has shifted in response to policy changes, historical events at home and worldwide, and economic developments.

Unemployment in the U.S.- statistics & facts | Statista

Structural factors such as systemic racism, more limited access to quality education and job opportunities, and unequal treatment in the labor ...

Trend and Cycle Analysis of Unemployment Insurance and the ...

Support from the Office of Workforce Security of the U.S. Department of Labor is gratefully acknowledged. In particular, we thank Aquila Branch, our COTR, Dave ...

Trend and Cycle Analysis of Unemployment

The programs supported by the U.S. Department of Labor (DOL) have as their ultimate objective the promotion of meaningful and useful employment for American.

Understanding the US Unemployment Rate: Current Trends and ...

Economists have noted that the current unemployment rate is influenced by various factors, including shifts in consumer behavior ...

The Emergence of a Uniform Business Cycle in the United States

We document 1) a trend decrease in the dispersion of relative employ- ment growth and unemployment across states; 2) a marked attenuation of ...

Causes of unemployment in the United States - Wikipedia

Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics.

The Trend is the Cycle: Job Polarization and Jobless Recoveries

The model's explicit consideration of frictional unemployment also allows us to address the recent discussion of shifts in the Beveridge Curve (see, for ...

Approaches to Estimating the Noncyclical Rate of Unemployment

Time in calendar quarters is denoted by t. State-Space Model For Trend-Cycle Decomposition. The observed unemployment rate is the sum of.

Exploring the Dynamics of Unemployment | St. Louis Fed

Economists associate cyclical unemployment with recessions in the business cycle. When the economy is expanding, more people are employed (a ...

The Current Population Survey—tracking unemployment in the ...

1950s—back to business cycles, and survey improvements. With the Great Depression and World War II over, the U.S. economy entered a period of long-term economic ...

Seasonal and Business Cycles of U.S. Employment

This pattern is called the business cycle. Even when the U.S. economy is expanding, growth in production and employment does not occur continuously over the ...

Business Cycles and Compositional Variation in U.S. Unemployment

hypothesis can be tested more directly. The upward trend in the unemployment rate has been attributed to upward trends in both the incidence rate and ...

Cyclical and noncyclical unemployment differences among ...

Trends and cycles in unemployment were analyzed using regression techniques and basic time series models, and structural changes in the unemployment rate ...

U.S. labor market shows improvement in 2021, but the COVID-19 ...

The recession induced by the coronavirus disease 2019 (COVID-19) pandemic resulted in steep job losses, pushed the unemployment rate to a high of 13.0 percent ...

How the Unemployment Rate Affects Everybody - Investopedia

The unemployment rate is the proportion of unemployed persons in the labor force. · Unemployment adversely affects the disposable income of families, erodes ...

Unemployment: The Curse of Joblessness - Back to Basics

That depends on several factors, most notably on labor market conditions and regulations. One estimate of the strength of this relationship for the U.S. economy ...

The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?

Recessions are a time when many workers, and especially low wage workers, become unemployed. This recessionary spike in unemployment naturally increases bottom ...