Weak workforce growth and productivity demand new solutions

Addressing supply-side constraints could improve the US economy's long-term outlook .

To view this email as a web page, click here     Weak Workforce Growth and Productivity Demand New Solutions     The US economy's growth potential has fallen over the past decade despite strong aggregate demand and low unemployment, meaning the playbook for spurring growth may need to be rewritten.   READ THE STORY     Measuring a High-Pressure Economy The hot job market has academic economists—and the Fed—talking about the benefits of a high-pressure economy. However, it's probably only a matter of time before job growth slows for natural reasons. This means we should focus more on unemployment trends as the economy transitions to a steady state. LISTEN AND SUBSCRIBE      Unsubscribe | Privacy Policy | Website  JPMorgan Chase, 10 S. Dearborn, Mail Code: IL1-0723, Commercial Banking Marketing, Chicago, IL 60603-3403, United States. The material contained herein is intended as a general market commentary, in no way constitutes J.P. Morgan research and should not be treated as such. Further, the information and any views contained herein may differ from that contained in J.P. Morgan research reports. ABOUT THIS MESSAGE: J.P. Morgan, Chase and JPMorgan Chase are marketing names for certain businesses of JPMorgan Chase & Co. and its subsidiaries worldwide. Products and services may be provided by commercial bank affiliates, securities affiliates or other JPMC affiliates or entities. © 2019 JPMorgan Chase & Co. All rights reserved.