Results 1 - 1 of 1 for recession [Author: Maggie Isaacson]
Assessing Labor Market Conditions Using High-Frequency Data - Review
When the COVID-19 pandemic struck in March 2020, the U.S. economy experienced a sharp, unexpected recession with large employment losses. The information on employment available from traditional data sources arrives with a lag and does not promptly reflect sudden changes in labor market conditions. In this article, we discuss how new high-frequency data from Homebase and Ultimate Kronos Group can offer critical information on the state of labor markets in real time.
research.stlouisfed.org/.../2021/08/16/assessing-labor-market-conditions-using-high-frequency-data
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