Is the US labor market in the calm before the storm? Economists say the Beveridge curve is the signal to watch.
The job market has proven resilient in the last couple of years. Per the federal Bureau of Labor Statistics, the unemployment rate has been below 4% since February 2022, and in that same period, job ...
With new government data showing inflation accelerated in May despite the Federal Reserve’s efforts to slow it down, the Federal Open Markets Committee faces increased pressure to aggressively raise ...
As U.S. economic growth slows this year, a key question is whether job openings can fall from historical highs without a substantial rise in unemployment. Analyzing the current Beveridge curve ...
When trying to determine if high unemployment is being caused by weak demand or by a mismatch between jobs and the skills of job seekers, economists look at the Beveridge Curve. It represents the ...
Recent studies in labour market dynamics have underscored the multifaceted nature of unemployment, where macroeconomic shocks, policy shifts and structural changes converge to influence both job ...