The Resource Unemployment Insurance Claims and Economic Activity
Unemployment Insurance Claims and Economic Activity
Resource Information
The item Unemployment Insurance Claims and Economic Activity represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.This item is available to borrow from 1 library branch.
Resource Information
The item Unemployment Insurance Claims and Economic Activity represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.
This item is available to borrow from 1 library branch.
- 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 indicators. Incoming monthly data on nonfarm payroll jobs and the index of aggregate weekly hours help predict changes in real GDP growth, but data on the civilian unemployment rate do not. The authors also find that unemployment insurance claims help to predict changes in monthly labor variables. As others have found, these predictions work best in periods of recession. However, this article shows that there was also some predictive ability during the 1990s expansion
- Note
- 1266
- Label
- Unemployment Insurance Claims and Economic Activity
- Title
- Unemployment Insurance Claims and Economic Activity
- 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 indicators. Incoming monthly data on nonfarm payroll jobs and the index of aggregate weekly hours help predict changes in real GDP growth, but data on the civilian unemployment rate do not. The authors also find that unemployment insurance claims help to predict changes in monthly labor variables. As others have found, these predictions work best in periods of recession. However, this article shows that there was also some predictive ability during the 1990s expansion
- http://library.link/vocab/creatorName
-
- Gavin, William T
- Inter-university Consortium for Political and Social Research [distributor]
- http://library.link/vocab/relatedWorkOrContributorName
- Kliesen, Kevin L.
- Label
- Unemployment Insurance Claims and Economic Activity
- Note
- 1266
- Control code
- ICPSR01266.v1
- Governing access note
- Access restricted to subscribing institutions
- Label
- Unemployment Insurance Claims and Economic Activity
- Note
- 1266
- Control code
- ICPSR01266.v1
- Governing access note
- Access restricted to subscribing institutions
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/portal/Unemployment-Insurance-Claims-and-Economic/3Y3WbcaNK2A/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/portal/Unemployment-Insurance-Claims-and-Economic/3Y3WbcaNK2A/">Unemployment Insurance Claims and Economic Activity</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/portal/Unemployment-Insurance-Claims-and-Economic/3Y3WbcaNK2A/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/portal/Unemployment-Insurance-Claims-and-Economic/3Y3WbcaNK2A/">Unemployment Insurance Claims and Economic Activity</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>
