US Bond Market Week in Review: A More Nuanced Understanding of the Declining Labor Force Participation Rate

    The Federal Reserve is subject to a dual mandate: price stability and maximum employment.  Although the unemployment rate is the most commonly reported labor market statistic, since the end of the great recession analysts have correctly observed there are several other methods of measuring the labor market’s health.  Additionally, over the last several years, political commentators have seized on the drop in the labor force participation rate as evidence that something is wrong with the labor market.  But research available on the Atlanta Federal Reserve’s website ind

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US Bond Market Week in Review: A More Nuanced Understanding of the Declining Labor Force Participation Rate