Federal Reserve Bank of St. Louis: 'Despite Tight Labor Market, Job Opportunities Lag for Eighth District Out-of-School Young Adults'
November 18, 2023
November 18, 2023
ST. LOUIS, Missouri, Nov. 18 -- The Federal Reserve Bank of St. Louis issued the following analysis on Nov. 17, 2023, by Vice President and Director William M. Rodgers III, Manager Nishesh Chalise and research fellow Alice L. Kassens:
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The period from March 2022 to August 2023 was one of unprecedented labor market "tightness" in the U.S., with the unemployment rate reaching its lowest level since 1969./1 But has this shortage of labor benefited out-of-sch . . .
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The period from March 2022 to August 2023 was one of unprecedented labor market "tightness" in the U.S., with the unemployment rate reaching its lowest level since 1969./1 But has this shortage of labor benefited out-of-sch . . .