The Fed also believes the unemployment rate will soon decline to 3.6 percent, from the current 4.1 percent. Here’s the problem with that forecast. As the economy improves and folks start believing that it has, more people who have stopped looking for jobs will try to get back into the workforce.
Labor Department Count Will Mess Up Fed’s Job Expectations
John Crudele, New York Post: Business
Wed, 03/21/2018 - 7:09pm
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