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144 posts on "Labor Market"
March 27, 2012

Okun’s Law and Long Expansions

Economic forecasters frequently use a simple rule of thumb called Okun’s law to link their real GDP growth forecasts to their unemployment rate forecasts.

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Posted at 7:00 am in Forecasting, Labor Market, Macroeconomics, Unemployment | Permalink | Comments (1)
March 26, 2012

Prospects for the U.S. Labor Market

The unemployment rate in the United States fell from 9.1 percent in the summer of 2011 to 8.3 percent in February.

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Posted at 7:00 am in Labor Market, Macroeconomics, Unemployment | Permalink | Comments (3)
December 28, 2011

Labor Force Exits Are Complicating Unemployment Rate Forecasts

What will the unemployment rate be in 2013? Even if you were certain how much the U.S. economy (gross domestic product, or GDP) would grow over the next year or two, it would still be difficult to forecast the unemployment rate over that period.

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Posted at 7:00 am in Forecasting, Labor Market, Macroeconomics, Unemployment | Permalink | Comments (2)
November 21, 2011

Job Polarization in the United States: A Widening Gap and Shrinking Middle

Over recent decades, the U.S. workforce has undergone a dramatic restructuring in response to changes in technology, trade, and consumption patterns.

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Posted at 7:00 am in Inequality, Labor Market | Permalink | Comments (1)
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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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