How Common Are Monthly Payroll Job Losses during Business Expansions?

Kevin Kliesen

On the Economy from Federal Reserve Bank of St. Louis

Abstract: This analysis of the frequency of monthly job losses during U.S. economic expansions finds periodic declines in payroll employment are a regular occurrence.

Keywords: nonfarm payroll; employment; job losses; business cycles; economic expansions (search for similar items in EconPapers)
Date: 2025-09-30
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:101851

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