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The actual U.S. unemployment rate was 24.4% in May 2020
Komlos, John - 2020
the proportion of time they worked relative to full-time workers prior to the pandemic. In addition, in contrast to the …
Persistent link: https://www.econbiz.de/10012234485
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The Real U.S. Unemployment Rate Is Twice the Official Rate, and the Phillips Curve
Komlos, John - 2019
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major challenge for basic research as well as for the formulation of adequate economic policy. We propose a new definition of the unemployment rate by weighing part-time workers with 62.5%,...
Persistent link: https://www.econbiz.de/10012141060
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Estimating Labor Market Slack, U.S. 1994-2019
Komlos, John - 2019
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012179740
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The Actual U.S. Unemployment Rate Was 24.4% in May 2020
Komlos, John - 2020
the proportion of time they worked relative to full-time workers prior to the pandemic. In addition, in contrast to the …
Persistent link: https://www.econbiz.de/10012830104
Cover Image
Estimating labor market slack, U.S. 1994-2019
Komlos, John - 2019
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012123041
Cover Image
The real U.S. unemployment rate is twice the official rate, and the Phillips curve
Komlos, John - 2019
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major challenge for basic research as well as for the formulation of adequate economic policy. We propose a new definition of the unemployment rate by weighing part-time workers with 62.5%,...
Persistent link: https://www.econbiz.de/10012104103
Cover Image
Estimating Labor Market Slack, U.S. 1994-2019
Komlos, John - 2019
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012859048
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Has the willingness to work fallen during the Covid pandemic?
Faberman, R. Jason; Müller, Andreas; Şahin, Ayşegül - 2022
We examine the effect of the Covid pandemic on willingness to work along both the extensive and intensive margins of … that the sharp increase in the AHG during the Covid pandemic essentially disappeared by the end of 2021. We also document a … sharp decline in desired work hours during the pandemic that persists through the end of 2021 and is roughly double the drop …
Persistent link: https://www.econbiz.de/10012887596
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Has the willingness to work fallen during the Covid pandemic?
Faberman, Jason; Müller, Andreas; Şahin, Ayşegül - 2020
Persistent link: https://www.econbiz.de/10012818618
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Has the willingness to work fallen during the COVID pandemic?
Faberman, R. Jason; Müller, Andreas; Şahin, Ayşegül - 2022
We examine the effect of the Covid pandemic on willingness to work along both the extensive and intensive margins of … that the sharp increase in the AHG during the Covid pandemic essentially disappeared by the end of 2021. We also document a … sharp decline in desired work hours during the pandemic that persists through the end of 2021 and is roughly double the drop …
Persistent link: https://www.econbiz.de/10012886925