- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 2. Understanding Business Cycles
- Subject 3. Economic Indicators over the Business Cycle
CFA Practice Question
Which employment-related indicator is a coincident indicator?
A. Average duration of unemployment
B. Employees on non-agricultural payrolls
C. Average weekly initial claims for unemployment insurance
Explanation: Once recession or recovery is clear, businesses adjust their full-time payrolls.
User Contributed Comments 2
| User | Comment |
|---|---|
| NickGerli | Took a while on this one. Is this a good interpretation: Prospect of improving employment - leading Improving employment - coincident Lower unemployment - lagging |
| lux240392 | tough question :/ |