CSPAN3 Politics Public Policy Today November 15, 2013
Employment. So i dont have a precise estimate, but every three months all of the participants in the fomc fill out a survey and indicate what they think the normal longer run level of unemployment is. In our most recent survey in september, the range of opinion was 5 to 6 . Okay. Tell me, what do you believe the real Unemployment Rate is today . Well, the measured Unemployment Rate is 7. 3 i know the measured Unemployment Rate. That wasnt my question. As weve discussed previously, we have very h...
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