Nick Bunker: One Slack Measure to Rule Them All?: “Slack definitely seem to be on the decline. But if you want to cite one stat… …which one do you turn to? Prime-age EPOP? U6-U3?… Definitely not a good measure right now: the unemployment rate…. The decline in U3 doesn’t seem to be matching up with … Continue reading Nighttime Must-Read: Nick Bunker: One Slack Measure to Rule Them All?