This is no ordinary US labour market. Unemployment is extremely elevated by historical standards, and has remained so for a sustained period of time. Nudging up to 8.3% in July, the unemployment rate is sailing unchartered waters. It has been above 8% just twice before: once in the 1970s; and once in the 1980s. On […]
Not yet registered ?
Sign up for your free membership for full access to our premium collection of ebooks, webinar archives and exclusive research reports.