Kevin Warsh says he wants to "survey a billion prices," yet has embraced a trimmed mean measure (conveniently the most dovish signal) which asymmetrically throws out 55% of the basket and leans on lag...

Our immediate reaction to Powell's Jackson Hole speech.

The 2020 Fed Framework changes around full employment were appropriate and an important part of achieving the full employment recovery seen after the pandemic. Blaming it for historically unique deman...

AI may be a hot topic, but there isn't strong evidence that it’s responsible for the weaker labor market for recent college graduates.

The official merch shop of Employ America. Buy stuff to support our mission for sustainable full employment.

ICYMI: The Past, Present, And Future Of Macroeconomic Policy Overview Employ America was founded to advance the cause of full employment. In a full employment economy, jobs are plentiful, wage grow...

Overview We originally launched Employ America to confront the policy failures that plagued the decade following the Global Financial Crisis of 2008 (GFC). The failure of our policymakers to support ...

Layoffs are important, but focusing on layoffs risks missing the other part of the equation: hiring.

After the pandemic recession, the right policy decisions resulted in a strong recovery and laid the foundations for another era of sustained productivity growth, similar to the 1990s. Sadly, in 2025, ...

Climate purity is a recipe for failure.

In his latest quarterly message, Atlanta Fed president and CEO Raphael Bostic outlines his stance on labor market conditions and the path to 2 percent inflation.

The 1990s saw an extended period of full employment, high growth, and low inflation. Part of this achievement was attributable to healthcare cost control efforts undertaken by both public- and private...

The official merch shop of Employ America. Buy stuff to support our mission for sustainable full employment.

"The Dream of the 90's" examines the macroeconomic conditions that led to strong growth in the late-1990s and what policies can revive that productivity growth today.

In this series, we’ve examined the technological advances that created the shale revolution, studied the public policy that accelerated those advances, and evaluated the current state of next-gen ge...

The Federal Reserve won’t talk about it. A new study shows why they must.

What steps should the Fed take to preserve the hard-earned recovery in the labor market? We present a path for the Fed in 2024.

Repeated price crashes in a variety of industries led to a situation of underinvestment in productive capacity that created the conditions for the inflation we see today.