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INFO 4470/ILRLE 4470 Social and Economic Data Introduction John M. Abowd and Lars Vilhuber January 24, 2011.

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Presentation on theme: "INFO 4470/ILRLE 4470 Social and Economic Data Introduction John M. Abowd and Lars Vilhuber January 24, 2011."— Presentation transcript:

1 INFO 4470/ILRLE 4470 Social and Economic Data Introduction John M. Abowd and Lars Vilhuber January 24, 2011

2 Unemployment Important economic indicator Based on survey (CPS) data Monthly official releases Several definitions, but one core definition Boring data....

3 News releases

4 Source: Bureau of Labor Statistics http://www.bls.gov/news.release/empsit.nr0.h tm http://www.bls.gov/news.release/empsit.nr0.h tm

5 Adding more data

6 Adding more details Unemployment rate varies widely by Demographic groups (men, women, young, old) Industry, Occupation (in last job) Geography → Local Area Unemployment Statistics

7 LAUS http://www.bls.gov/news.release/laus.nr0.htm

8 That is sooo old...

9 GeoFRED http://geofred.stlouisfed.org/

10 GeoFRED http://geofred.stlouisfed.org/

11 GeoFRED or... make a movie

12 FRED Online database of economic indicators maintained by the Federal Reserve Bank of St. Louis Defined API for web services See http://research.stlouisfed.org/fred2/http://research.stlouisfed.org/fred2/


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