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KC Fed: Could a Shadow Labor Supply Affect the Unemployment Rate?

 

Aug 21 - The number of people wanting work, but who are not looking for a job, has swelled in recent years. While a rapid return of this group into the labor force is possible, authors Troy Davig and Jose Mustre-del-Rio analyze the labor market dynamics of this group and find that their impact on the unemployment rate will likely be modest.

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