US labour market deteriorating – the losses from GFC will be long-lived
In September 2016, I assessed that – The US labour market is nowhere near full employment. This was in the context of an increasing number of commentators claiming that the US economy had already returned to full employment. The IMF World Economic Outlook is also estimating that the output gap in the US (actual relative … Continue reading US labour market deteriorating – the losses from GFC will be long-lived
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