Federal Reserve Bank of Chicago
Chicago Fed Letter
Explaining the recent decline in the unemployment rate
The unemployment rate fell by nearly 1 percentage point between November 2010 and March 2011. Was this drop due to unemployed workers exhausting their unemployment insurance (UI) benefits and choosing to stop looking for work or due to more positive labor market developments, such as fewer workers losing their jobs or more workers finding new jobs?
Cite this item
Lisa Barrow, "Explaining the recent decline in the unemployment rate"
, Federal Reserve Bank of Chicago, Chicago Fed Letter, issue June, 2011.
Keywords: Unemployment ; Labor mobility ; Labor policy
This item with handle RePEc:fip:fedhle:y:2011:i:june:n:287
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