between 1/4 and 1/3 of the total rise of the unemployment rate in the U.K. since 2007. The opinions expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of New York or the Federal Reserve System. 9

This Article is brought to you for free and open access by the Economics at Works. It has been accepted for inclusion in Economics Faculty Works by an

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The 2014 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD and key emerging economies. It zooms in on how the crisis has affected earnings, provides country comparisons of job quality, examines the causes and consequences of non-regular employment, and estimates the impact of qualifications and skills on labour market outcomes. For further information: www.oecd.org/employment/outlook

Comparison of robust detection techniques for local outliers in multivariate spatial data

Asymmetric behavior has been documented in the time series properties of the U.S. quarterly unemployment rate by several authors. Using the Ramsey and Rothman (1996) Time Reversibility (TR) test, this paper shows that the unemployment rate is Type I time irreversible, i.e., the source of the time

The primary interest of this paper is in out-of-sample forecasting for the U.S. monthly unemployment rate. Several linear unobserved components models are fitted and their comparative forecasting accuracy is assessed by means of and extensive rolling-origin procedure using a test period that covers

-off. Unemployment also varies substantially from one residential area to another. For instance, among the 6,100 “block groups ” (neighborhoods consisting of approximately 500 households and 0.33 square miles of land, on average) that make up the St. Louis metropolitan area, the unemployment rate in the year 2000

The unemployment rate in France is roughly 6 percentage points higher for African immigrants than for natives. In the US the unemployment rate is approximately 9 percentage points higher for blacks than for whites. Commute time data indicates that minorities face longer commute times to work

the Swedish economy. One of the report's most frequently cited findings was that the "de-facto " unemployment rate in Sweden in 2004 was between 15 and 17 percent, about three times higher than the official unemployment rate of 5.4 percent in that year (McKinsey Global Institute