Comment on Does long-term unemployment affect inflation dynamics? by Bill McCall

13 Jun 2023

Very thought provoking. I’d be interested in how you think through long term ‘sick’ numbers and the notion of ‘underemployed’* as they impact more than ever. Does the binary ‘employed’ v ‘unemployed’ really reflect today’s labour market? *those in employment (often several jobs) AND on universal credit.

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Bill McCall

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