Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Beveridge curve was behind the curve in linking employment, inflation

Feb 1, 2024
A strong job market alongside cooling price gains has economists debating a key model, Bloomberg's Enda Curran reports.
The Beveridge Curve looks at the relationship between unemployment and job openings. Many economists thought joblessness would have to rise for inflation to cool, but recently that hasn't been the case.
Chip Somodevilla/Getty Images