What’s up (or not up) with wages?
This is the third of three articles that talk about the natural rate of unemployment, the unemployment rate that would prevail in a “neutral” labor market after removing all movement due to the business cycle.
November 12, 2019
Failed background check, drug testing stall hiring of low-skilled workers
Many companies seek to add employees as the state economy continues expanding at an above-average pace. But not all can find the workers they need.
October 17, 2019
Labor market slack disappeared by 2016
This is the second of three articles that talk about the natural rate of unemployment, the unemployment rate that would prevail in a “neutral” labor market after removing all movement due to the business cycle.
October 15, 2019
A natural approach to estimating the ‘natural rate’ of unemployment
The unemployment rate is a widely viewed gauge of U.S. labor market slack or tightness. Because of structural changes to the labor market over time, assessments about slack/tightness require a reference point called the “natural rate of unemployment.”
October 08, 2019
Domestic migration to Texas slows as national labor markets tighten
Despite a strong economy and historically low unemployment rates in Texas, net domestic migration to Texas from other states has slowed since 2015.
September 03, 2019
As wages rise, are black workers seeing the smallest gains?
A recent article argued that black workers have received the smallest earnings gains among various groups since the beginning of the Great Recession. Our analysis suggests otherwise.
July 16, 2019
Labor scarcity, trade woes squeeze Texas business, survey finds
Businesses face difficulty both trying to hire in a historically tight labor market and navigating tariffs and trade policy uncertainty.
July 11, 2019
Room to grow? Inflation and labor market slack
Compared with the usual ex-food-and-energy measure, the Dallas Fed’s Trimmed Mean PCE inflation rate sends a clearer, more reliable signal about whether cyclical inflation pressures are building.
May 30, 2019
Dallas Fed’s Texas jobs estimates provide early, accurate assessment
The Bureau of Labor Statistics annually revises regional job estimates in a process called benchmarking. A Federal Reserve Bank of Dallas adjustment provides researchers a more current means of assessing Texas economic conditions.
May 16, 2019
Online retailing, self-employment disrupt inflation
The employment status of increasing numbers of workers has become contingent in recent years—that is, there is greater freelance, or “gig,” employment. This development has coincided over the past two decades with an era of increasing online commerce that provides consumers a wider array of products and services at competitive prices.
April 16, 2019