PDF September 2009 Research Note, “Digging Deeper into Labor Market Data”
Abstract
Many economists closely follow the unemployment rate, a key economic indicator. In a challenging economy, that important statistic may not provide a clear view of the employment situation within the United States. This issue of Research Note focuses on a few other measurements of employment from the Bureau of Labor Statistics (BLS) that provide additional insights into today’s labor market: unemployment by state and region, long-term unemployment, involuntary part-time employment and unemployed people per job opening.
A plea for a more rational system
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