3min chapter

Macro Musings with David Beckworth cover image

Ernie Tedeschi on Full Employment, the US Safe Harbor Premium, and the Current Path of R-Star

Macro Musings with David Beckworth

CHAPTER

Analyzing Measures of the Labor Market in Full Employment

Exploring the prime age employment to population ratio as a key metric, the chapter examines labor force participation, employment numbers' accuracy, and age-adjusted total employment to consider demographic changes and historical comparisons.

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