(1) Very busy fairy godmother. (2) Yellen’s pledge. (3) Lots of good readings on Yellen’s labor market dashboard, except for wages. (4) Aiming for 3%-4% wage gains. (5) Yellen was right about slack in labor market as dropouts drop back in. (6) Broad-based jump in labor force led by prime-aged workers. (7) Slack isn’t only reason for low wage inflation. (8) The puzzling disconnect between strong employment and weak GDP.
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