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  • 标题:Gauging the momentum of the labor recovery
  • 本地全文:下载
  • 作者:Mary C. Daly ; Bart Hobijn ; Benjamin Bradshaw
  • 期刊名称:FRBSF Economic Letter
  • 出版年度:2013
  • 卷号:2013
  • 出版社:Federal Reserve Bank of San Francisco
  • 摘要:Federal Reserve policymakers are watching a broad set of indicators for signs of “substantial” labor market improvement, a key consideration for beginning to scale back asset purchases. One way to find which are most useful is to focus on how well movements in these indicators predict changes in the unemployment rate. Research suggests that six indicators are most promising. They offer evidence that the recovery has more momentum now than a year ago, a strong signal that the labor market is improving and could accelerate in coming months.
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