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Journal Article
Payroll jobs and GDP

National Economic Trends , Issue May

Journal Article
The unemployment rate: time to give it a rest?

Business Review , Issue May , Pages 11-18

A principal components approach to estimating labor market pressure and its implications for inflation

We build a summary measure of labor market pressure that captures the common movement among a variety of labor market series. Obtained as the labor market series? first principal component, this measure explains a large portion of the variability of the underlying series. For this reason, it is a good summary indicator of labor market pressure. We show that the unemployment rate gap has tracked this summary measure closely over the past 35 years. At times, however, the summary measure and the unemployment rate gap have sent somewhat different signals. In terms of relying on the principal ...
Public Policy Brief

Journal Article
Unemployment seasonals

FRBSF Economic Letter

Journal Article
How much do expansions reduce the black-white employment gap?

Regional Review , Volume 10 , Issue Q3 , Pages 5-7

Working Paper
Real exchange rates, sectoral shifts, and aggregate unemployment

Finance and Economics Discussion Series , Paper 92

Hawks, doves, bubbles, and inflation targets

April 16, 2012. "Hawks, Doves, Bubbles, and Inflation Targets" Presented at the George S. Eccles Distinguished Lecture, Jon M. Huntsman School of Business, Utah State University.
Speech , Paper 198

Journal Article
Jobless recoveries or jobless growth?

Jobless recoveries since 2000 may be attributed to a slowdown in the long-term employment trend.
Economic Synopses

Housing and the economic recovery

Remarks at the New Jersey Bankers Association Economic Forum, Iselin, New Jersey.
Speech , Paper 73

Journal Article
Reducing unemployment: current issues and policy options: a summary of the Bank's 1994 symposium

Reducing unemployment has become a top priority for economic policy in most industrialized nations. While unemployment will ebb somewhat as countries recover from the recent global recession, millions are likely to remain jobless for a variety of structural reasons. Moreover, there is a disturbing trend in many industrialized countries toward long-term unemployment, especially among low-skilled workers. This trend has had less effect on measured unemployment in the United States than in Europe in part because U.S. workers have greater incentives to accept low-wage jobs. Nonetheless, virtually ...
Economic Review , Volume 79 , Issue Q IV , Pages 45-58



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Valletta, Robert G. 19 items

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