Senior Economist on the Jobs Number

The transcript discusses the impact of the pandemic on labor force participation, particularly focusing on women leaving the workforce and the challenges they face in returning. It examines wage growth trends and the economic recovery, highlighting the difficulties the Federal Reserve faces in achieving full employment. The discussion also covers the future of the labor market, considering factors like infrastructure investment and job openings.

What factors are contributing to the labor force participation rate during the pandemic?

How has the pandemic affected women's participation in the labor force compared to men?

What role does childcare play in women's ability to return to the labor force?

What challenges does the Fed face in determining full employment in the current economy?

How does the unemployment rate relate to the actual number of people affected in the economy?

What investments are suggested to support women's labor force participation?

What are the implications of wage growth slowing in certain sectors during the recovery?