http://bilbo.economicoutlook.net/blog/?p=51215 Created Mon, 06/02/2023 - 12:20 Updated Mon, 06/02/2023 - 12:20 Well, things are getting interesting in the US. The Federal Reserve started hiking interest rates in April 2022 and its decisions are underpinned by an theoretical framework that suggests the unemployment rate is above what it thinks is the natural… Tags Labour costs Labour Force US economy