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Macro Minute
September 7, 2021

Working or the Weekend?

There could be multiple explanations for why more workers are staying on the sidelines compared to the pre-COVID-19 days. One reason could be that some people have reconsidered the costs and benefits of working.

Recent Posts

Aug. 24, 2021

The number of people working from home increased substantially in 2020, as many employers changed their work arrangements in response to the COVID-19 pandemic.

Aug. 17, 2021

Household spending fell sharply, especially on services, during the early days of the pandemic. That story is expected to change significantly as the recovery continues.

Aug. 10, 2021

The two main employment surveys can present differing views of the health of the labor market in any given month, adding to the challenges of determining how far the economy has recovered from last year's severe downturn.

Aug. 3, 2021

Employers are reporting they are unable to find workers. But is every industry experiencing the same difficulties, and are the industries having more trouble raising wages in response?

July 13, 2021

The recent acceleration in the prices people pay for housing might have more lasting implications for the path of core inflation ahead.

July 6, 2021

Policymakers have been using the trimmed mean PCE inflation rate to get a better sense of the overall direction of prices in the long term. But does using this metric risk missing anything that short-term price hikes might be telling us?