[This one’s by me and Ben Spielberg] Here are two facts: 1) we’ve been adding jobs at an average rate of about 220,000 a month in recent months and 2) we’re not at full employment, by which I mean a very tight matchup between the number of job seekers and the number of jobs. So,… Read more
Archive for the ‘Full Employment’ Category
Links to recent stuff
I try to make sure to provide links here to stuff I write for other sites but fall down on that job sometimes. Here are a few I think I missed: A couple of pieces on the current economic outlook with lots of neat graphics. A piece linking the Fed’s big question to the Clash’s… Read more
It’s all in the hat!
This whole time I’m crunching numbers, holding events, publishing papers, trying to elevate full employment to the national goal it deserves to be, when I should have just worn a hat. From an interview with someone at a focus group of Trump supporters: “We know his goal is to make America great again,” another woman… Read more
Two up-to-date pictures of labor market slack
[by JB and Ben Spielberg] Earlier today, Jared wrote: “Look at the employment ratio; look at Andy Levin’s all-in slack measure (I’ll post something on this later)—they’re still signaling a job market that is unquestionably improving but is still far from full employment.” In this post, we briefly explain some of the evidence that there’s… Read more
Voices of Fed Up
Over at PostEverything. I really enjoyed, and was even moved, by these conversations. See what you think.