Should-Read: Nick Bunker: “What does this tell us?

Summary:
Should-Read: That prime-age employment-to-population has been increasing without vacancies increasing tells us, I think, that the economy is not “overheating”, but rather getting closer to some medium-run concept of full employment as the hysteresis effects of the Great Recession are slowly being repaired: Nick Bunker: “What does this tell us?: “[email protected] asked so here it is: the Beveridge Curve with the prime employment rate instead of U3… …What does this tell us? Notice that most of the movement recently has been sideways as prime EPOP has increased & vacancies haven’t increased much. Like the U3 curve did as it started shifting back. In other words: this could be just another sign of remaining slack. Graphs collected here https://t.co/Hu6JPSorXJ. See you all on May 8th! (back to

Topics:
Bradford DeLong considers the following as important: Equitablog

This could be interesting, too:

Delaney Crampton writes Weekend reading: “barriers to economic equality” edition

Equitable Growth writes Examining the links between rising wage inequality and the decline of unions

Bradford DeLong writes Brad DeLong: Worthy reads on equitable growth, May 25-31, 2018

Bridget Ansel writes A look at the motherhood wage gap on Mother’s Equal Pay Day