Jobs and the Left

[Peter.Dorman]

I agree that it is politically important to challenge the going definition of
"full employment".  A logical approach, I think, would be to use the 45 degree
line on a Beveridge Curve.  (Japan targets a ratio of applicants to opening of
less than one.)  But does anyone calculate this curve for the U.S. on a
regular basis?

Peter Dorman