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Clearing The Fog: The Effects Of Weather On Jobs

Wednesday, October 19, 2016 4:09
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(Before It's News)

from the San Francisco Fed

– this post authored by Catherine van der List and Daniel J. Wilson

Understanding how rain, snow, and cold weather affect the economy is important for interpreting economic data. A new study uses county-level data to measure the effect of unseasonable weather on monthly U.S. employment. The resulting estimates quantify how the atypical weather this year explains some of the unexpected fluctuations in hiring at the national level.

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