Dollar Appreciates in June
In June the average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta rose 1.3 percent.
Asymmetric Labor Force Participation Decisions over the Business Cycle: Evidence from U.S. Microdata
Working Paper 2006-8
Individual labor force participation responds asymmetrically to changes in local labor market conditions, the authors find, suggesting a behavioral source for observed cyclical asymmetry in the aggregate unemployment rate.