Involuntary part-time employment—the share of people who work less than 35 hours per week but want and are available to work full-time—has increased since 2023. While this contrasts with steady ...

As I noted in a previous post, economists define three types of unemployment: frictional, structural, and cyclical: Frictional unemployment is defined as the unemployment that occurs because of people ...

The debate on whether the persistently high unemployment rate is due to structural or cyclical factors has risen to the surface--including within the Federal Open Market Committee. As the Federal ...

At 9.8%, unemployment is still a serious problem in the U.S. So serious, that some economists believe that the problem is structural -- not cyclical. That would essentially means that there has been a ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Inflation and unemployment rate were largely disconnected between 2000 and 2019 in advanced economies. We decompose core ...

This paper establishes a new fact about the compositional changes in the pool of unemployed over the US business cycle. Using microdata from the Current Population Survey for the years 1962-2012, it ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

About a year ago, David Altig (whose macroblogging I miss very much) wrote the following: [Since 2000] you would be justified in claiming a broad-based decline in the number of people choosing to ...

MANILA, Philippines — Despite improvements in the country’s employment situation, the Trade Union Congress of the Philippines (TUCP) has called on the government to address the problem of “cyclical ...

Cyclical and structural unemployment can be hard to tell apart. For example, suppose that a business owner would like to hire someone to operate a complicated piece of machinery, and needs someone ...