Which Wage Growth Measure Best Indicates Slack in the Labor Market? John Robertson, Ellyn Terry Macroblog, April 04, 2016 The unemployment rate is close to what most economists think is the level consistent with full employment over the longer run. According to the Federal Open Market Committee’s latest Summary of Economic Projections, the…Read More The post Which Wage Growth Measure Best Indicates Slack in the Labor Market? appeared first on The Big Picture. More...
