With the Fed now targeting unemployment, the market is now understandably even more focused on US labour market releases.
Lower US Unemployment Masks Structural Changes in Labor Market
Posted in US Economy on January 14, 2013US Labour Market Fundamentals Still Poor
Posted in US Economy on March 14, 2012Looking beyond cyclical variations, a lingering concern is the structural undercurrents of a continuing falling labour force participation rate and a high long-term unemployment rate. Both paint a rather bleakpicture of the US labour market.
