Arbeitspapier

Estimating Labor Market Slack, U.S. 1994-2019

zu Verbundenen Objekten

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 percentage points for three years. Moreover, the U6-U3 gap is magnified among disadvantaged groups such as minorities, youth, and for the less educated. For instance, in January 2011 the U6-U3 gap among African American youth was 17.9 pps as U6 climbed to 47.5% and was similarly large among African Americans without a high-school diploma.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 7941

Klassifikation
Wirtschaft
Particular Labor Markets: General
Particular Labor Markets: Other
Mobility, Unemployment, and Vacancies: Other
Thema
unemployment
unemployment by ethnicity
discouraged workers
labor market slack

Ereignis
Geistige Schöpfung
(wer)
Komlos, John
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Original beim Datenpartner anzeigen

Objekttyp

  • Arbeitspapier

Beteiligte

  • Komlos, John
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2019

Ähnliche Objekte (12)

Benchmarking regions: estimating the counterfactual distribution of labor market outcomes

Benchmarking regions: estimating the counterfactual distribution of labor market outcomes

Benchmarking Regions: Estimating the Counterfactual Distribution of Labor Market Outcomes

Benchmarking Regions: Estimating the Counterfactual Distribution of Labor Market Outcomes

Benchmarking regions: Estimating the counterfactual distribution of labor market outcomes

Arbeitspapier

Benchmarking regions: Estimating the counterfactual distribution of labor market outcomes

Benchmarking regions: Estimating the counterfactual distribution of labor market outcomes

Arbeitspapier

Benchmarking regions: Estimating the counterfactual distribution of labor market outcomes

Benchmarking regions: estimating the counterfactual distribution of labor market outcomes

Benchmarking regions: estimating the counterfactual distribution of labor market outcomes

The labor market in the UK, 2000-2019

Artikel

The labor market in the UK, 2000-2019

Estimating the Value of Safety with Labor Market Data: Are the Results Trustworthy?

Arbeitspapier

Estimating the Value of Safety with Labor Market Data: Are the Results Trustworthy?

Estimating sustainable output growth in emerging market economies

Arbeitspapier

Estimating sustainable output growth in emerging market economies

Estimating and Comparing Market Efficiency Frontiers

Estimating and Comparing Market Efficiency Frontiers

Estimating Labor Demand Functions for Indian Agriculture

Arbeitspapier

Estimating Labor Demand Functions for Indian Agriculture

Estimating the Effect of Unemployment Insurance Compensation on the Labor Market Histories of Displaced Workers

Arbeitspapier

Estimating the Effect of Unemployment Insurance Compensation on the Labor Market Histories of Displaced Workers

Estimating the green potential of occupations: A new approach applied to the U.S. labor market

Arbeitspapier

Estimating the green potential of occupations: A new approach applied to the U.S. labor market

Verbundene Objekte