Dr. Econ answers many questions with a focus on monetary policy and Federal Reserve related issues. The Doctor does not do homework, give financial advice or provide research support.
What labor market indicators do the FOMC members look at when making their decision?
Dr. Econ, in your May 2013 answer, you mentioned that the unemployment rate alone may not fully capture the overall picture of labor market conditions and that policymakers look at a range of labor market indicators to make monetary policy decisions. Could you tell me about those other indicators?