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If the job market hits stall speed, unemployment could stay elevated for another year, one strategist told BI.
The bull market is entering its third year. A look at the unemployment rate two years ago suggests the current bull cycle may not have enough staying power, according to Charles Schwab & Co. As shown ...
I propose a new mechanism for sluggish wages based on workers’ noisy information about the state of the economy. Wages do not respond immediately to a positive aggregate shock because workers do not ...
Despite all the drama about the weakening jobs numbers, the US labor market is actually doing OK. There is one major exception, however: if you happen to be a young man. While the overall unemployment ...