BRIEF | The unemployment rate for older workers was 3.5% in June, increasing by 0.1 percentage points from May.

BRIEF | The reported unemployment rate for older workers often looks better than that for younger workers.

WORKING PAPER | This paper reviews the evidence put forward in support of the orthodox prediction, which has relied on extrapolating from pre-Great Recession conditions.

WORKING PAPER | Service industries for which value added is imputed from incomes, are included in Gross Domestic Product, potentially distorting measures of recession and recovery.

WORKING PAPER | The massive US stimulus that has just been enacted is liable to raise questions sooner or later about the viability of the dollar in financial markets.

POLICY NOTE | The Federal Reserve pumping in more liquidity and the government’s fiscal “stimulus” plan does not directly address the housing insolvency problem for millions of U.S. households.

POLICY NOTE | This paper relates Okun's theory about economic growth and unemployment to the recent discussion on jobless recovery.