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“Underemployment”: Misleading unemployment numbers are prompting the Fed and the Bank of England to make a huge errors

New data in a research paper for the National Bureau of Economic Research suggests the wage-dampening effect of mass unemployment has been overtaken by the “underemployment” of the gig economy. Unemployment numbers mean … Continue reading “Underemployment”: Misleading unemployment numbers are prompting the Fed and the Bank of England to make a huge errors