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Featured Article
Featured article image May 2024

Unemployment rate inches up during 2023, labor force participation rises

Connor Borkowski, Rifat Kaynas, Megan Wilkins

The national unemployment rate remained below 4 percent throughout 2023. The labor force participation rate, at 62.6 percent in the fourth quarter, increased over the year.

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Book Reviews
Book Review image

Unraveling long-term household changes through economic modeling

Murat Ungor

In this book, economist Jeremy Greenwood develops economic models to study long-term changes in the household sector.

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Beyond BLS

A reappraisal of Keynes’s “Economic possibilities for our grandchildren”

Justin Holt

Research analyzes Keynes’s theory of economic growth.

Stimulus checks, world events, or import shortages: what causes import inflation?

Harry Nitzberg

Researchers find that the causes of U.S. import inflation depend on when the inflation was.

Borrowing costs weakened consumer sentiment in 2023

Ryan Ansell

Gross domestic product, employment, and inflation figures were all positively received in 2023, but consumer sentiment was low.

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