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Posts in New York Fed
Wage Dynamics Revisited: The American Worker - April 17, 2018

Following up on the Philips curve conundrum, a number of sources, including Axios and the New York Times, examine dynamics affecting the labor market, including the opioid epidemic, decreased geographic mobility, and the problems with worker retraining. Fed data pointed to shortages in the labor pool, while the Wall Street Journal covered companies hiring skilled teenagers to make up for labor shortages.

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