Jason Faberman is a senior economist and economic advisor in the research, policy, and public engagement department of the Federal Reserve Bank of Chicago. His research focuses broadly on the labor market, with a particular focus on the interaction between employers and workers. He has studied these interactions at the micro level, across the broader macroeconomy, and across urban areas.
Faberman’s research has been published in various journals, including Econometrica, the Quarterly Journal of Economics, the American Economic Review, and the Journal of Economic Perspectives, among others.
Faberman is a Research Fellow with the Institute of Labor Economics (IZA) and currently serves as a member of the Federal Economic Statistics Advisory Committee (FESAC). Prior to joining the Federal Reserve Bank of Chicago in 2011, he was a senior economist with the Federal Reserve Bank of Philadelphia from 2007 to 2011, and a research economist with the U.S. Bureau of Labor Statistics from 2003 to 2007. During his time at the BLS, he worked extensively on developing and enhancing the Job Openings and Labor Turnover Survey (JOLTS) and the Business Employment Dynamics (BED) data. He is part of a team that developed and maintains the Job Search Supplement of the Federal Reserve Bank of New York’s Survey of Consumer Expectations (SCE), an extensive survey on individuals’ job search and job finding outcomes. He has also taught adjunct at the University of Chicago’s Booth School of Business and the University of Maryland, College Park.
Faberman received a B.S. in environmental science and a B.A. in economics from Lehigh University, and an M.S. and Ph.D. in economics from the University of Maryland, College Park.
U-Cov dataset (used in "Is the Unemployment Rate a Good Measure of People Currently Out of Work?" Chicago Fed Insights blog post).
Working Papers and Publications