https://www.stlouisfed.org/on-the-economy/2023/sep/is-soft-landing-possible-wha… Created Fri, 01/09/2023 - 19:30 Updated Fri, 01/09/2023 - 19:30 Adjusting the Beveridge curve to exclude the effect of workers switching jobs suggests that the vacancy rate could fall to pre-pandemic levels without causing the jobless rate to exceed a 2001-23 average.