with: Gianluca Violante

Time & Location

3 Feb, 12:00 pm – 1:00 pm
e61 Institute, Level 3/17-21 Bellevue Street Surry Hills NSW 2010, Australia

There are limited spaces available.

About the event

The post-pandemic labor market dynamics in the US are very unusual. Job vacancies have grown at an unprecedented pace, and job-to-job quits are at an historical peak (what the media have labelled `the great resignation’ or `the great reshuffle’). In this presentation, we look at some of these facts, including cross-industry evidence, and outline possible explanations. Different explanations have different implications for the possibility that the Fed can engineer a `soft-landing’ in the labor market after its several rate hikes.