INFO 4470/ILRLE 4470 Social and Economic Data Introduction

INFO 4470/ILRLE 4470Social and Economic Data

IntroductionJohn M. Abowd and Lars Vilhuber

January 24, 2011

Unemployment

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

News releases

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

Adding more data

Adding more details

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

LAUShttp://www.bls.gov/news.release/laus.nr0.htm

That is sooo old...

GeoFRED

http://geofred.stlouisfed.org/

GeoFRED

http://geofred.stlouisfed.org/

GeoFRED or... make a movie

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/