Is the US labor market in the calm before the storm? Economists say the Beveridge curve is the signal to watch.
It’s not getting any easier for Americans to secure a job. Total job openings in July fell to the lowest level since the start of 2021, according to the Bureau of Labor Statistics’ Job Openings and ...
In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their ...
The study, titled "New labor curves of dilation and station to improve the accuracy of predicting labor progress," represents a paradigm shift in the approach to labor assessment. This research ...
Historically, labor progression has been gauged using the Friedman curve, a model established 70 years ago, and more recently with variations like the Zhang curve. Both methods rely solely on the ...