Tag Archives: employment

Why is the employment-to-population ratio still low despite the very low unemployment rate in the U.S.?

My answer on Quora: This is one of the biggest labor market questions and challenges in the U.S. economy. The straight answer is that the¬†labor force participation rate¬†sharply declined for years after the 2008 financial crisis before finally stabilizing in 2016. The real question is why fewer people are participating in the labor force. An […]

What is the benchmark used to measure the effectiveness of monetary policy?

My answer on Quora: There are different indicators one can look at to help assess if the monetary policy of a central bank is effective or not, but such assessments have been getting harder to make. On the surface On the surface, a central bank can be viewed as effective in its monetary policy if […]