Daily Archives: September 13, 2022

Is the Job Vacancy Debate (Beveridge Curve) Off-Target Because The Data Is Skewed by a Move Online? Likely Yes.

Unfilled jobs – the “vacancy rate” – has gotten a lot of attention in the inflation debate. But that debate ignores an obvious discontinuity in the underlying data series. The data have definitely changed drastically around COVID. Some of that … Continue reading

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