A number of economists continue to talk about the “structural shift” in US labor markets that took place during the Great Recession. For example, back in September, Georgetown University published a report called Failure to Launch: Structural Shift and…
Tag Archive for natural employment
Contributors- Economic and Financial, Must Read, Taken Down
Beveridge curve using U-5 unemployment – Sober Look
by Walter Kurtz • • 0 Comments
Mike Konczal (@rortybomb) suggested plotting the Beveridge curve using U-5 unemployment instead of the standard unemployment rate (discussed here) or the employment to population ratio (discussed here). Below is the definition:U-5 Unemployment Definiti…
Contributors- Economic and Financial, Must Read, Taken Down
Fed’s unemployment target is unrealistic
by Walter Kurtz • • 0 Comments
The Fed’s goals for the US longer term unemployment levels are simply unrealistic and will force the central bank to prolong its easing programs beyond what is really needed for economic growth. This misguided approach will be damaging to the economic …
