This under-the-radar labor market chart is scaring economists right now [Business Insider]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The Beveridge curve signals potential US labor market deterioration despite steady unemployment. Economists warn that falling job vacancy rates could mean rising unemployment. Indicators like the jobs-workers gap and labor differential suggest recession risks remain elevated. Is the US labor market in the calm before the storm? One model that's closely followed by academics but which tends to fly under the radar for most investors suggests that could be the case — and it's spooking some economists. While the December nonfarm payrolls report, released on Friday, showed that the US added 50,000 jobs last month and the unemployment rate ticked down to 4.4% from 4.5%, the so-called Beveridge curve indicates that the labor market could be on the verge of a quick deterioration. The Beveridge curve considers the relationship between the unempl
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