nTIDE focuses on the key parameters,
including labor force participation rate, the employment - to - population ratio, and the percent looking for work.
Then... this is the best part... he made it clear that a 6.5 percent unemployment
rate would not necessarily be the threshold for raising
rates, then went on a long discussion of the conditions under which he would NOT raise
rates,
including if the unemployment
rate dropped mostly due to cyclical declines in the
labor force participation rate rather than gains in unemployment, as well as persistently low inflation.