The US labor market is leaning toward scarcity.  The Fed cannot change that.

The US labor market is leaning toward scarcity. The Fed cannot change that.

About the Author: Joe Sullivan is a Senior Advisor to the Lindsey Group. He served from 2017 to 2019 as Special Advisor to the Chairman of the White House Council of Economic Advisers. His opinions do not necessarily represent those of his employer. Federal Reserve Vice Chairman Lael Brainard spotted something “very unusual” in the …

The US labor market is leaning toward scarcity. The Fed cannot change that. Read More »