Grasping Reality on TypePad, by Brad DeLong

Should-Read: Smart young whippersnapper Nick bunker continues his monthly plotting of the Beveridge Curve. I always find myself once again wishing he would plot the prime-age employment-to-population ratio graph instead of or alongside the graph with the unemployment rate on the horizontal axis. There are weird things going on with prime-age labor force participation. They deserve to be highlighted: Nick Bunker: JOLTS and the Beveridge Curve