Discussion Paper

Population Growth and Labor Market Fragility: Lessons from Domestic and International Experiences


Abstract: Labor market indicators such as employment growth and the unemployment rate are commonly used to assess the cyclical position of the economy (NBER Business Cycle Dating Committee). However, deciphering trend from cycle in these indicators is notoriously difficult and can be especially delicate when underlying trends in the economy shift rapidly.

https://doi.org/10.17016/2380-7172.4070

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-05-20

Number: 2026-05-20