Federal Reserve Bank of Kansas City
The shadow labor supply and its implications for the unemployment rate
The number of people wanting work, but not looking for a job, has swelled in recent years. However, their flow rate back into unemployment has been declining, so they will likely only have a modest impact on the unemployment rate.
Cite this item
Troy A. Davig & Jose Mustre-del-Rio, "The shadow labor supply and its implications for the unemployment rate"
, Federal Reserve Bank of Kansas City, Macro Bulletin, pages 1-2, number 00001, Aug 2013.
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