M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
This chart from The Wall Street Journal places today's job creation number (+49,000 for the month of January ) in a broader pandemic perspective. The "square root" jobs recovery has unfortunately materialized. I can't stress enough the importance of restoring labor market dynamism. Otherwise, some of those experiencing short-term unemployment become long-term unemployed while also facing the risk of becoming unemployable. #jobs #economy #wsj #recession #employment #unemployment #wsj
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