Unemployment: A Lagging Indicator?

 
 
 
 
 

by vanschaik

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As the unemployment rate continues to climb during the current recession, we frequently hear and read in the financial news that unemployment is a lagging indicator, destined to continue rising after the official end of the recession. Historically, however, the unemployment rate is more of a coincident, and not lagging, economic indicator.

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09/24/2009
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