As I noted in a previous post, economists define three types of unemployment: frictional, structural, and cyclical: Frictional unemployment is defined as the unemployment that occurs because of people ...

Every week, the Department of Labor issues data detailing the number of people who filed for unemployment benefits in the previous week. According to Thursday's report, 385,000 people filed last week, ...

The debate on whether the persistently high unemployment rate is due to structural or cyclical factors has risen to the surface--including within the Federal Open Market Committee. As the Federal ...

This paper establishes a new fact about the compositional changes in the pool of unemployed over the US business cycle. Using microdata from the Current Population Survey for the years 1962-2012, it ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Inflation and unemployment rate were largely disconnected between 2000 and 2019 in advanced economies. We decompose core ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Just this week, on Sept. 20, the agency said that the number of Americans filing for unemployment benefits reached the lowest level in almost 49 years. Unemployment benefits track changes in the ...

About a year ago, David Altig (whose macroblogging I miss very much) wrote the following: [Since 2000] you would be justified in claiming a broad-based decline in the number of people choosing to ...

Cyclical and structural unemployment can be hard to tell apart. For example, suppose that a business owner would like to hire someone to operate a complicated piece of machinery, and needs someone ...