Unemployment in the U.S. has risen dramatically since the start of the recession in December 2007, going from about 6 … Statistics. The methodology is to analyze the transition rates and implied steady-state levels of employment and unemployment … flow from unemployment to employment actually increased. As another example, changes in the probability of moving between …

, greater average firm productivity, a larger formal employment share, and a marginally lower unemployment rate. …

increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle …

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 …

Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …