State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor markets usually signals the start of a recession. In mid-2024, some widely followed indicators of recession risk flashed red. However, analysis of state-level data indicates that labor market declines were not as widespread as they had been in previous recessions. Applying this analysis to the latest d...| Federal Reserve Bank of San Francisco
A new weekly indicator based on data for state-level unemployment claims provides timely information on the economy’s health status.| Federal Reserve Bank of San Francisco
Although revisions to monthly payroll employment data issued in August were large, they were within the historical range. Evidence continues to suggest that the incoming data are not generally subject to greater fluctuations than in the past, according to updated SF Fed analysis.| Federal Reserve Bank of San Francisco
New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling well below previous estimates.| San Francisco Fed
When economic news, especially that revolving around working, gets reported, it tends to get reported in aggregate – the total number of […]| Social Science Space
Contexts is a quarterly magazine that makes cutting-edge social research accessible to general readers.| Contexts