U.S. Economic Outlook: Tight Labor Market Prevedere Connect: Insights & Technology

In this 13-minute discussion, Andrew Duguay, Prevedere’s Chief Economist, discusses a paradox of U.S economic recovery – how can we be in a situation where there are 8.5 million fewer Americans employed, yet the job market feels red hot?Andrew answers this question by providing data, in addition to the unemployment rate, to get a market feel estimated rate. He then provides perspective on how businesses can interpret this information and illustrates comparisons to both recessions past and tim...