the traditional survey-based unemployment rate versus big-data-based JPCs in capturing labor market transitions in the … predict individuals' transitions between employment and unemployment. Unlike with the unemployment rate, we not only examine … disaggregated levels. Our findings suggest that JPCs and the unemployment rate provide comparable predictive power for labor market …

predict the US monthly unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that … augmented with the GI outperform the traditional ones in predicting the unemployment rate for different out-of-sample intervals … confirmed when employing different keywords. Based on our results for the unemployment rate, we believe that there will be an …

. The survival analysis indicates that the flows from/to employment to/from unemployment in Latvia are determined by the …

historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …

Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …

Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …

unemployment statistics. This paper analyzes microdata on detailed labor force survey responses in Russia, Romania, and Estonia to … employment and unemployment rates are quite sensitive to definition, particularly in the treatment of household production … alternative unemployment rates that are sharply higher in Romania and moderately higher in Estonia and Russia. -- alternative …

Unemployment information in individual level register data depends on institutional settings, administrative procedures … German legal unemployment definitions for the Sample of the Integrated Employment Biographies (IEBS). The IEBS belongs to a … show large differences in the number of spells and the unemployment duration across implementations. This suggests that …

This paper looks behind the standard, publicly available employment and unemployment statistics that studies of … estimates show that measured employment and unemployment rates are quite sensitive to definition, particularly in the treatment … much lower in Romania and slightly lower in Estonia, and alternative unemployment rates that are sharply higher in Romania …

Measuring employment and unemployment is essential for economic policy. Internationally agreed measures (e.g. headcount … employment and unemployment rates based on standard definitions) enhance comparability across time and space, but changes in real …