This paper examines some stylised facts of trends in employment and unemployment over the past 30 years. The most … noteworthy development has been the rise in the aggregate unemployment rate over that period. The main factor accounting for this … rise has been the increase in the unemployment rate for full-time male workers, which in turn has reflected slower …

to that of the unemployed. We use longitudinal data from the Survey of Employment and Unemployment Patterns (SEUP), which …

conditions between states, although permanent (or very persistent) differences between state unemployment rates remain. We also …

. These include the distinction between the short and long-run trade-offs between inflation and unemployment, and the changing … level of the non-accelerating inflation rate of unemployment (NAIRU), particularly in the 1970s. We estimate Phillips curves …