Pantheon Macroeconomics - Back in April 2012, Janet Yellen--then Fed Vice-Chair--spoke in detail about the labor market and monetary policy. The key point of her labor market analysis was that it was impossible to know for sure how much of the increase in unemployment--at the time, the headline rate was 8.2%--was structural, and how much was cyclical.

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11 Feb. 2015 Soaring Job Openings Suggest Super-Easy Money is Now Risky

By Ian Shepherdson

Back in April 2012, Janet Yellen--then Fed Vice-Chair--spoke in detail about the labor market and monetary policy. The key point of her labor market analysis was that it was impossible to know for sure how much of the increase in unemployment--at the time, the headline rate was 8.2%--was structural, and how much was cyclical.

Posted: 11th Feb 2015 in 'U.S. Documents'

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Keywords for: U.S. Documents | 11 Feb. 2015 Soaring Job Openings Suggest Super-Easy Money is Now Risky

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