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5min chapter
Big Take DC: Economists May Be Using Bad Data to Make Big Decisions
Odd Lots
The Trustworthiness of Labor Market Data
This chapter scrutinizes the reliability of labor market data used by economists and policymakers, highlighting concerns raised by a veteran economist regarding its accuracy amidst changing economic conditions. It emphasizes the critical need for reevaluating traditional metrics in light of the pandemic's impact on job listings and hiring practices.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode