Interesting: UMD researchers posit that #unemployment rate isn't 100% accurate & propose new measure of labor market "tightness" capturing variation in available hires that would include tracking "the effort employers exert in recruiting new employees." https://www.federalreserve.gov/conferences/files/how-tight-labor-market-abraham-haltiwanger.pdf?utm_campaign=Hutchins%20Center&utm_source=hs_email&utm_medium=email&utm_content=73424086 …https://twitter.com/davidmwessel/status/1136652545936494595 …