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The number of workers affected by WARN notices (\u201cWARN layoffs\u201d) leads state\u2010level initial unemployment insurance claims and unemployment rate (UR) and private employment changes. WARN layoffs comove with aggregate layoffs from Mass Layoff Statistics and the Job Openings and Labor Turnover Survey but are timelier and cover a longer sample. In a vector autoregression, changes in WARN layoffs lead UR changes and job separations. Finally, they improve pseudo real\u2010time forecasts of the UR and private employment changes.<\/jats:p>","DOI":"10.1002\/jae.3032","type":"journal-article","created":{"date-parts":[[2024,2,16]],"date-time":"2024-02-16T06:00:58Z","timestamp":1708063258000},"page":"462-480","update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":7,"title":["Advance layoff notices and aggregate job loss"],"prefix":"10.1002","volume":"39","author":[{"given":"Pawel M.","family":"Krolikowski","sequence":"first","affiliation":[{"name":"Federal Reserve Bank of Cleveland  Cleveland Ohio USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Kurt G.","family":"Lunsford","sequence":"additional","affiliation":[{"name":"Federal Reserve Bank of Cleveland  Cleveland Ohio USA"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2024,2,15]]},"reference":[{"key":"e_1_2_10_2_1","unstructured":"ALFRED(2022).Archival economic data. 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