Are Initial Jobless Claims a Useful Gauge of Labor Market Conditions?
Michael McCracken and
Trần Khánh Ngân
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
For business economists, crossing 400,000 initial jobless claims can signal a reversal in labor market conditions. Is this threshold still useful?
Keywords: initial jobless claims; labor market conditions; unemployment (search for similar items in EconPapers)
Date: 2025-01-14
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:99449
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