FRED has added 8 data series from the Ellieroth and Michaud (EM) dataset of monthly quit and layoff rates: (1) how frequently U.S. workers who leave employment have either quit or have been laid off and (2) how frequently those workers leave the labor force.
Ellieroth and Michaud analyze household data from the US Bureau of Labor Statistics’ (BLS) Current Population Survey monthly basic files data to compute their quit and layoff rates. More details are available here.
FRED has added 1 data series reported by Fannie Mae for the Home Purchase Sentiment Index (HPSI).
The HPSI is a composite index designed to track consumers’ housing-related attitudes, intentions, and perceptions, using six questions from the National Housing Survey (NHS). The index is constructed to have a value of 60 in March 2011, its reference period.
More details are available here.
This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
The post “Home prices in the United States” discusses how affordable homes have been for the typical earner since 2001.
Interpret graphs to answer questions about the housing market. These questions reinforce economic analysis and data literacy skills. Share the FRED dashboard with your students.
This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
The post “Measuring labor market tightness with FRED” discusses how to combine two data series from the U.S. Bureau of Labor Statistics to measure labor market tightness.
Q. Name two Western European countries with employment-to-population ratios lower than the Unites States.
Q. Consider the latest data on the number of job openings across U.S. Census regions. Imagine you are currently looking for a job and want to move where you have to most opportunity. To which region should you move?
Interpret graphs to answer questions about labor markets. These questions reinforce economic analysis and data literacy skills. Share the FRED dashboard with your students.
This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
The post “Geopolitics and international technology trade” discusses how geopolitical tensions offer a relevant context for telling the stories behind international trade data.
Interpret graphs to answer questions about international trade. These questions reinforce economic analysis and data literacy skills. Share the FRED dashboard with your students.
This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
The post “The rise of services in the US economy” discusses the high proportions of total employment, hours worked, private firms in business, and household spending connected to the delivery of services.
Interpret graphs to answer questions about consumption spending. These questions reinforce economic analysis and data literacy skills. Share the FRED dashboard with your students.
Data downloads to Excel spreadsheet files are now available in “.xlsx” format. Those files have two sheets: The sheet labeled “readme” has all the metadata information (i.e., series ID, name, units, frequency, seasonal adjustment, date of last update, and date of file download), and the sheet labeled with the data frequency has the observation dates and values. The structure of data downloads to CSV files hasn’t changed.
FRED has added 3 data series for the Fujita, Moscarini, and Postel-Vinay (FMP) Employer-to-Employer (E2E) Transition Probability.
The E2E Transition Probability is a monthly measure of the rate at which U.S. workers transition from one employer to another in a given month. Fujita, Moscarini, and Postel-Vinay analyze data from the U.S. Bureau of Labor Statistics’ Current Population Survey to estimate the percentage of workers who changed employers in the previous month. The E2E Transition Probability provides a timely gauge of the pace of worker reallocation in the U.S. labor market. More details are available here.
Our beta-version FRED graphs have a new look with improved accessibility for focus, screen readability, and color contrast. Try our new design and take our survey to help us improve.
This assignment provides instructions on building the graph below and provides suggested writing prompts for out-of-class assignments.
The post “The largest changes in payroll employment” compares the impact of social distancing mandates during the onset of the COVID-19 pandemic to the August 1983’s AT&T labor strike.
Interpret graphs to answer questions about the unemployment rate. These questions reinforce economic analysis and data literacy skills. Share the FRED dashboard with your students.