LABOUR ECONOMICS (Part 1 of 2)

The 'tourist reviews the Beveridge Curve to help explain his more pessimistic economic forecast

Of all the different aspects of macroeconomics, labour economics has always interested me the least. My wife would likely say it’s some weird aversion to thinking about the economy in terms of people. Maybe. Won’t deny that I prefer to focus on markets. Yet, as we feel around for the potential turning of the economy, I find myself convinced that labour …