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2 posts on "Slack"
August 26, 2015

Mind the Gap: Assessing Labor Market Slack

Joseph Tracy, Robert Rich, Samuel Kapon, and Ellen Fu

Indicators of labor market slack enable economists to judge pressures on wages and prices.

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Posted at 7:00 am in Labor Economics, Labor Market | Permalink | Comments (2)
November 19, 2014

The Long-Term Unemployed and the Wages of New Hires

Robert C. Dent, Samuel Kapon, Fatih Karahan, Benjamin Pugsley, and Ayşegül Sahin

This is the third in a series of blog posts on the topic of measuring labor market slack. In this post, we assess the relationships between short- and long-term unemployment and wages by comparing the differences in states’ experiences over the business cycle.

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Posted at 7:00 am in Inflation, Labor Economics, Macroeconomics, Unemployment, Wages | Permalink | Comments (3)

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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