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Recent layoffs in a fragile labor market

Author

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  • Robert G. Valletta
  • Katherine Kuang

Abstract

Rising layoff rates during the spring of 2011 highlight renewed labor market weakness. Although job cuts among state and local governments have accelerated over the past few years, most of the recent increase occurred among private-sector employers. Following modest improvement in early summer, subsequent labor market performance has been uneven, indicating that labor market conditions remain fragile.

Suggested Citation

  • Robert G. Valletta & Katherine Kuang, 2011. "Recent layoffs in a fragile labor market," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue sep26.
  • Handle: RePEc:fip:fedfel:y:2011:i:sep26:n:2011-30
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    File URL: http://www.frbsf.org/publications/economics/letter/2011/el2011-30.html
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    File URL: http://www.frbsf.org/publications/economics/letter/2011/el2011-30.pdf
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    References listed on IDEAS

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    1. Aisling Cleary & Joyce Kwok & Robert G. Valletta, 2009. "New highs in unemployment insurance claims," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue sep8.
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    Cited by:

    1. John Carter Braxton, 2013. "Revisiting the use of initial jobless claims as a labor market indicator," Research Working Paper RWP 13-03, Federal Reserve Bank of Kansas City.

    More about this item

    Keywords

    Labor market ; Unemployment;

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