Bleakley, Hoyt; Ferris, Ann E.; Fuhrer, Jeffrey C. - In: New England Economic Review (1999) Jul, pp. 49-76
business cycle contraction, total employment declines by about 1.5 percent, the unemployment rate rises by 2.7 percentage …. The aggregate statistics on employment and unemployment mask economically important information about the composition of …. Using a new data set that assembles the flows of workers into and out of unemployment, employment, and not …