News
Bloomberg | Jobless Claims Fall, Signal Weak Labor Market
Initial claims for unemployment insurance payments in the U.S. fell last week to a level that shows limited improvement in the labor market.
Blogs
EconLog | GDP and Employment in the Current Cycle
Until the two most recent recessions, the bottoms of the icicles look similar. That is, if GDP bottoms out at 97 percent of peak, then employment bottoms out at about 97 percent of GDP. But the two most recent recessions are different.
