Redefining Full U.S. Employment With Rodgin Cohen

The video discusses the complexities of the US labor market, focusing on jobless claims, full employment, and wage stagnation. It highlights the need to redefine full employment and consider sustainable wage growth. The financial industry faces pressures from low interest rates and fintech competition. Labor force participation rates are analyzed, considering demographic factors.

What key metrics does Mohamed El-Erian suggest should be monitored regarding job releases?

What factors does the speaker believe contribute to the low labor force participation rates?