S.F. Fed: Skills mismatch, joblessness link overblown
S.F. Fed: Skills mismatch, joblessness link overblown
- May 2, 2012
- David Neumark, economics Chancellor’s Professor and Center for Economics & Public Policy director, is quoted by WGN Radio April 30, 2012
From WGN Radio:
High U.S. unemployment does not signal a widening gap between employer needs and
worker skills, according to research published Monday by the Federal Reserve Bank
of San Francisco, suggesting the U.S. central bank's super-easy monetary policy poses
little imminent danger of sparking inflation.... "Skill mismatches can affect how
fast employment can grow and the rate of unemployment that the economy can sustain
without igniting inflation," David Neumark, a University of California, Irvine professor
and visiting scholar at the San Francisco Fed, and San Francisco Fed research adviser
Rob Valletta, wrote in the latest San Francisco Fed Economic Letter.
For the full story, please visit http://www.wgnradio.com/business/breaking/chi-san-francisco-fed-skills-m....
Share on:
Related News Items
- Outstanding teaching award recipients in social sciences
- UCI researchers part of $17 million NIH grant to reverse science's "replication crisis"
- Na'puti receives grant to collect missing data and collaborate with Native Hawaiian and Pacific Islander communities
- China's population is shrinking. It faces a perilous future.
- Opinion: The unsettling truth about Trump's first great victory