U.S. Labor Market Will Tighten Substantially: Deutsche BankMani
As labor force participation returns to a declining trend, the labor market in the U.S. will tighten much further unless productivity growth picks up dramatically, believe analysts at Deutsche Bank. Peter Hooper and colleagues said in their April 20 research note titled “Productivity down, participation up: US labor market improving” that the FOMC should have the luxury of moving cautiously this year.
Plunging U.S. labor productivity growth
The DB analysts note that in the past five years, U.S. labor productivity . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.