Revisiting the odd behavior of the Beveridge curve as unemployment stays low

Anton Cheremukhin

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: At first glance, it seems unlikely that the unemployment rate would remain stable if the number of job vacancies decreased. However, such a scenario played out recently as the number of firms seeking to fill positions by poaching employees from other firms increased, while the ranks of the unemployed remained relatively stable.

Keywords: monetary policy; inflation; COVID-19; labor (search for similar items in EconPapers)
Date: 2024-03-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/research/economics/2024/0305 Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:97922

Access Statistics for this paper

More papers in Dallas Fed Economics from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().