Underneath the Surface of the Jobs Numbers
Economic Take
English - December 07, 2021 10:00 - 7 minutes - 6.9 MB - ★★★★★ - 51 ratingsBusiness News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The Fed’s ultimate goal of stable inflation requires aggregate demand to align with aggregate supply. That hinges on the supply of labor, and unemployment is the best measure of that alignment.