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methodology for adjusting employment data for the effects of deviation in weather from seasonal norms. This is distinct from … seasonal adjustment, which only controls for the normal variation in weather across the year. Unusual weather can distort both … the data and the seasonal factors. We control for both of these effects by integrating a weather adjustment step in the …
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This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered underemployed. The paper reviews labor market developments...
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