JOBS:
MORE WORK TO BE DONE?
Exploring what monetary policy can—and perhaps cannot—do about labor market slack.
Beyond the
Unemployment Rate:
Measuring a Changing
Labor Market
How close are we to full employment?
The data suggest conflicting answers.
A Million Fewer
Involuntary Part-Timers
Was Still Too Many
The elevated number of involuntary part-time workers signaled continued slack.
MoreNew Work Arrangements:
Fad or Fixture?
Some of Both
The nature of work in America
has changed, but how much
of it is permanent?
Labor Market Slack Persisted, Complicating Path to Full Employment
Broader measures suggested employment progress may have been less than meets the eye.
MoreWage Growth
Was a
Missing
Piece of the
Full Employment Puzzle
Despite a stronger labor market, wage growth was subdued.
More