The dynamic information equilibrium model (DIEM) wage growth forecast from over a year ago now continues to perform a bit better than Jan Hatzius's forecast from six months ago:
For some reason, I didn't put the latest unemployment rate report on the blog (and labor force participation) — let me correct that:
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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.
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