2 The broader measure is the Bureau of Labor Statistics’ U-6 alternative measure of labor underutilization. -2against its estimated downward trend (figure 2). Participation is now close to estimates of its trend level. 3 Wage data have gradually moved up, consistent with a tightening labor market.
Finally, Libra coins will be exclusively distributed through a network of authorised resellers, 1/4  BIS central bankers' speeches  centralising control over public access to Libra. With such a set-up, it is difficult to discern the foundational promises of decentralisation and disintermediation normally associated with cryptocurrencies and other digital currencies.