Omicron: Should Investors Worry?
Real Vision: Finance & Investing
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What's the Problem With the Labor Force Participation Rate?
Inflation accelerating at five % on pc e, well above the two % longer run mandate. Meanwhile, the point that you make about the damage, the destruction to the labor market something that's really so core to everything we're talking about. We're talking about the labor force participation rate. This is a series called sieve parts c i v p, a r t on the saint louis fed fred webside. And boy is it an ugly chart. It reminds me of what ed harris and our old friend used to talk about as the inverse radical sign. You see it kind of chugging along like this, declining a little bit, then a wickedly steep drop
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