J2 - Demand and Supply of Labor - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:54:37+00:00The US Labour Market: How Much Slack Remains?
https://www.bankofcanada.ca/2016/07/staff-analytical-note-2016-9/
Despite the US unemployment rate being close to estimates of the non-accelerating-inflation rate of unemployment (NAIRU), measures of underemployment remain elevated, which could be an indication of remaining labour market slack. The shares of involuntary part-time workers and long-term unemployment are high relative to the current stage of the business cycle, suggesting available labour inputs are being underutilized.2016-07-19T10:12:07+00:00enThe US Labour Market: How Much Slack Remains?2016-07-19