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Title: How Low Can Employment Growth Go without Boosting the Unemployment Rate in Fourth District States?

Citation Type: Miscellaneous

Publication Year: 2017

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Abstract: urrent employment growth in the Fourth District appears to be above the level required to hold steady the Districts unemployment rate at todays historically low levels. But the unemployment rate, or the fraction of people in the labor force who do not have a job, will hold steady only if employment grows at the same rate as the labor force, or the number of people who either have a job or want one. How low can employment growth go before we would expect unemployment rates to rise, and, alternatively, what rate of employment growth would it take to hold the Districts unemployment rate steady?

Url: https://www.clevelandfed.org/newsroom and events/publications/forefront/ff v7n04/ff 20170112 v7n0408 how low can employment growth go

User Submitted?: No

Authors: Martin, Hal

Publisher: Federal Reserve Bank of Cleveland

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

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