Unemployment Insurance Claims and Economic Activity

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Principal Investigator(s): Gavin, William T.; Kliesen, Kevin L.

Summary: Economic forecasters pay especially close attention to labor market indicators during periods of economic uncertainty. Labor market data are thought to provide early evidence about changes in the course of the economy. This article examines whether monthly changes in labor market indicators are useful for predicting real GDP. It then examines whether weekly changes in initial and continuing unemployment insurance claims are useful for helping to predict changes in important labor market i... (view details)

Persistent URL: http://dx.doi.org/10.3886/ICPSR01266.v1

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