Pantheon Macroeconomics - It's very tempting to look at the upturn in the participation rate in recent months and extrapolate it into a sustained upward trend. If the trend were to rise quickly enough, it conceivably could prevent any further fall in the unemployment rate, preventing it falling below the bottom of the Fed's estimated Nairu range.

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08 Mar. 2016 Can the Spike in Labor Market Participation be Sustained?

By Ian Shepherdson

It's very tempting to look at the upturn in the participation rate in recent months and extrapolate it into a sustained upward trend. If the trend were to rise quickly enough, it conceivably could prevent any further fall in the unemployment rate, preventing it falling below the bottom of the Fed's estimated Nairu range.

Posted: 8th Mar 2016 in 'U.S. Documents'

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Keywords for: U.S. Documents | 08 Mar. 2016 Can the Spike in Labor Market Participation be Sustained?

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