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Thursday, April 08, 2010

Layoff, Hiring, and Unemployment Rates

Jolts

This is from a discussion of the Job Openings and Labor Turnover Survey (JOLTS) from the Atlanta Fed (much of the discussion is about the southern region; also, the unemployment rate is on the left-hand side, not the right-hand side as indicated in the graph).

Notice the crash in the hiring rate coinciding with changes in unemployment. The policies that were used to battle the recession didn't put enough emphasis on turning this around.

[I'm traveling - this should post automatically.]

    Posted by on Thursday, April 8, 2010 at 01:17 AM in Economics, Unemployment | Permalink  Comments (21)


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