Economic Take

Measuring a High-Pressure Economy

December 10, 2019

The hot job market has academic economists—and the Fed—talking about the benefits of a high-pressure economy. However, it’s probably only a matter of time before job growth slows for natural  reasons. What this means is we should focus more on unemployment trends as the economy transitions to steady-state.

Tags:,Job Growth, High-Pressure Economy, Jobless Claims,  Economic Trends