How Much Slack Remains in the Labor Market?
Description:
The amount of "slack" in the labor market--jobless or underemployed workers--has consequences for the appropriate stance of monetary policy, the future path of the budget deficit, and counter-cyclical spending on programs such as unemployment insurance. This report briefly examines this concept in the context of the current economy.
Date:
August 5, 2016
Creator:
Labonte, Marc & Stupak, Jeffrey M.
Item Type:
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Partner:
UNT Libraries Government Documents Department