In line with past experience during the early stages of expansion, labor market performance is expected initially to lag as firms rely primarily on overtime and shifts from part-time to full-time work. The unemployment rate is anticipated to rise somewhat further over 2002, to the area of 6 to 6-1/4 percent.
BIS Review 90/2006  3  There are some uncertainties associated with the settling of trades in newer types of over-the-counter (OTC) derivatives, particularly credit derivatives. As part of recent financial innovations, the creditderivative and structured-credit markets have grown rapidly during the past few years, allowing dispersion of credit risk by financial players.