Explaining the recent decline in the unemployment rate

The unemployment rate fell by nearly 1 percentage point between November 2010 and March 2011. Was this drop due to unemployed workers exhausting their unemployment insurance (UI) benefits and choosing to stop looking for work or due to more positive labor market developments, such as fewer workers losing their jobs or more workers finding new jobs?

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Year of publication:	2011
Authors:	Barrow, Lisa
Published in:	Chicago Fed Letter. - Federal Reserve Bank of Chicago. - 2011, June, 287
Publisher:	Federal Reserve Bank of Chicago
Subject:	Unemployment \| Labor mobility \| Labor policy

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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