Isabel O’Brien is an experienced business journalist who specializes in private equity, infrastructure, and financial misconduct. Vikki Velasquez is a researcher and writer who has managed, ...

Higher inflation does not mean lower unemployment. Many assertions about monetary policy are based on the Phillips Curve, illustrated in the following chart, that posits a particular relationship ...

EVERY NIGHT at about 10pm the lights of the prisoner-of-war camp in Indonesia would mysteriously dim, to the puzzlement of the Japanese guards. They failed to spot the makeshift immersion heaters, ...

The US government has been spending money. A lot of money. And sometimes we just get this vague unease. All this stimulus is good for jobs, but there must be a catch lurking somewhere, right? There's ...

The US 10-2-year Treasury yield spread (via YCharts below) has moved from a deep inversion at 108 bps last July to -14 bps as of January 25, 2024. This process is known as re-steepening. Re-steepening ...

The Guam Department of Labor launched a step-by-step tutorial to guide residents applying for the Pandemic Unemployment Assistance program. The video is available on the agency's YouTube channel. On ...

I am so glad you asked this great question! Indeed, many of us study economic theory in classrooms, and the Phillips curve is typically covered in a macroeconomics class. However, it is natural to ...

Central bankers are preparing to cut interest rates, and are monitoring job data as they consider when and how much to lower them. 8 Federal funds target rate 6 No change 4 Federal Reserve officials ...

About a half-century ago, my investment and economic mentor, Bradford F. Story, remarked that leaders at the Federal Reserve and Treasury would never succeed until they disabused themselves of the ...

One of the mysteries of the job market is why companies aren't filling openings like they used to. The answer may lie within the large number of people who have been unemployed for a very long time.

The Beveridge curve is a tool used by economists to chart the health of the labor market. It compares the job vacancy rate with the unemployment rate. Typically, the line slopes downwards from left to ...