Still, if you’re interested in economics, finance, or a related field, a job at the Federal Reserve Board is a great alternative. Although connected to the Federal Reserve Bank of New York, the Federal Reserve Board is a different entity. If you don’t already know, the Fed, which is...
U.S. employers continued to hire workers at a solid pace according to the June jobs report even as readings from April and May were revised lower, a sign that could please the Federal Reserve.
Professor Bryan Caplan explains that inflation (thanks, Federal Reserve!) is making the minimum wage less and less relevant. One upside of Bidenflation is that the federal minimum wage has almost been abolished. And the sky has not fallen. pic.twitter.com/flVYuFXIkv — Bryan Caplan (@bryan...
Federal Reserve Boss Hints at Move to Boost JobsUS Federal Reserve boss Ben Bernanke yesterday suggested that more economy-boosting measures may be on the way as he warned America's unemployment was a "grave concern".Western Mail (Cardiff, Wales)...
El-Erian on whether the jobs report is confusing for Janet Yellen and the Federal Reserve: They have already prepared in three ways. And they did this in the FOMC minutes that were released two days ago. First, they told us that the unemployment rate, the 6.7% now, does not capture the...
According to a new report from the federal government's Bureau of Labor Statistics last Friday, the US economy added 353,000 jobs for the month of January while the unemployment rate held at 3.7%. CNN news was sure to tell us that this was a "shockingly
However, one metric that the Federal Reserve watches closely, the participation rate among so-called prime age workers 25 to 54, ticked higher to 81.7%. Treasury Secretary Janet Yellen weighed in on the report with a Twitter thread Friday afternoon in which she said the administration’s aggress...
The White House is not solely responsible for inflation: the Federal Reserve failed to raise interest rates in time to offset the fiscal stimulus, and the energy crisis that followed Russia’s invasion of Ukraine made a bad problem worse. But it was Mr Biden who lit the inflationary touch-pa...
In a good sign for theFederal Reserve and its battle against inflation, unemployment increased from 4% to 4.1%, and wage growth slowed to a rate not seen since 2021. Government employment rose by 70,000, which is far higher than the average of 49,000 over the last year.(REUTERS/Andrew...
The huge spike in part-time jobs since the recent recession is not unusual as recessions go, according to anew report from the Federal Reserve Bank of San Francisco. But what has changed dramatically is the age of those taking the part-time work. ...