Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/80825 
Year of Publication: 
2012
Series/Report no.: 
KOF Working Papers No. 320
Publisher: 
ETH Zurich, KOF Swiss Economic Institute, Zurich
Abstract: 
We evaluate nowcasts and one- to four-quarter-ahead forecasts of Swiss full time equivalent jobs from 1998-2011, comparing forecasts of the KOF Swiss Economic Institute and of the State Secretariat for Economic Affairs with the outcome of the reference series. Both forecasts are biased downward, and they do not capture the trend of the reference series well. In addition, we show that the KOF Employment Indicator as well as the Employment Indicator of the Federal Statistical Office are useful to predict the evolution full time equivalent jobs with a lead of about one quarter.
Subjects: 
Forecasting employment
forecast evaluation
Swiss labor market
JEL: 
C52
C53
E27
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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