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Speech
Labor Markets and Monetary Policy
Moskow, Michael H. (2007-01-05)
Remarks by Michael H. Moskow President and Chief Executive Officer Federal Reserve Bank of Chicago
Speech , Paper 4

Working Paper
A Quantitative Theory of Time-Consistent Unemployment Insurance
Xie, Zoe; Pei, Yun (2016-11-01)
During recessions, the U.S. government substantially increases the duration of unemployment insurance (UI) benefits through multiple extensions. This paper seeks to understand the incentives driving these increases. Because of the trade-off between insurance and job search incentives, the classic time-inconsistency problem arises. During recessions, the U.S. government substantially increases the duration of unemployment insurance (UI) benefits through multiple extensions. This paper seeks to understand the incentives driving these extensions. Because of the trade-off between insurance and ...
FRB Atlanta Working Paper , Paper 2016-11

Report
Measuring the US Employment Situation Using Online Panels: The Yale Labor Survey
Foote, Christopher L.; Hounshell, Tyler; Nordhaus, William D.; Rivers, Douglas; Torola, Pamela (2021-12-01)
This report presents the results of a rapid, low-cost survey that collects labor market data for individuals in the United States. The Yale Labor Survey (YLS) used an online panel from YouGov to replicate statistics from the Current Population Survey (CPS), the government’s source of household labor market statistics. The YLS’s advantages include its timeliness, low cost, and ability to develop new questions quickly to study labor market patterns during the coronavirus (COVID-19) pandemic. Although YLS estimates of unemployment and participation rates mirrored the broad trends in CPS ...
Current Policy Perspectives

Speech
The Importance of Infrastructure
Harker, Patrick T. (2017-05-15)
The labor market is ?more or less at full health,? said Federal Reserve Bank of Philadelphia President Patrick T. Harker today during an urban infrastructure conference at Drexel University. He also discussed the importance of infrastructure and how transportation and housing must evolve to meet the demands of a changing population.
Speech , Paper 132

Journal Article
Are recent college graduates finding good jobs?
Abel, Jaison R.; Deitz, Richard; Su, Yaquin (2014)
According to numerous accounts, the Great Recession has left many recent college graduates struggling to find jobs that utilize their education. However, a look at the data on the employment outcomes for recent graduates over the past two decades suggests that such difficulties are not a new phenomenon: individuals just beginning their careers often need time to transition into the labor market. Still, the percentage who are unemployed or ?underemployed??working in a job that typically does not require a bachelor?s degree?has risen, particularly since the 2001 recession. Moreover, the quality ...
Current Issues in Economics and Finance , Volume 20

Using Data to Show When Recessions End
Kliesen, Kevin L. (2020-11-17)
Could weekly data—such as the Weekly Economic Index—be used in calculating when recessions end, in addition to monthly and quarterly data?
On the Economy

Journal Article
Understanding Recent Trends in Labor Market Participation
Bauer, Andrew (2018-10)
District Digest: Understanding Recent Trends in Labor Market Participation
Econ Focus , Issue 4Q , Pages 28-31

Which Workers Have Been Most Affected by the COVID-19 Pandemic?
Amburgey, Aaron; Birinci, Serdar (2020-07-30)
Occupations that earn less than $34,963 on average—such as cashiers, servers and janitors—accounted for 34% of the increase in unemployment from January to April.
On the Economy

Journal Article
Competitiveness of Ethnic Minority Neighborhoods in Metropolitan Areas in the Seventh District
Toussaint-Comeau, Maude (2017)
This article by senior business economist Maude Toussaint-Comeau explores employment change in ethnic minority neighborhoods in the Seventh District in comparison to job growth within their regions before and after the Great Recession. Among the high-level findings is that ethnic neighborhoods in economically growing metro areas tend to have high job growth, underscoring the value of policies that promote economic inclusion
Profitwise , Issue 4 , Pages 4-25

Discussion Paper
Introducing the FRBNY Survey of Consumer Expectations: Survey Goals, Design and Content
Armantier, Olivier; Zafar, Basit; Topa, Giorgio; Van der Klaauw, Wilbert (2013-12-04)
Starting in the first quarter of 2014, the Federal Reserve Bank of New York (FRBNY) will begin reporting findings from a new national survey designed to elicit consumers? expectations for a wide range of household-level and aggregate economic and financial conditions. This week, we provide an introduction to the new survey in a series of four blog posts. In this first post, we discuss the overall objectives of the new survey, its sample design, and content. In the posts that follow, we will provide further details and present preliminary findings from the survey on three broad categories of ...
Liberty Street Economics , Paper 20131204b

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