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The State of the U.S. Labor Market Recovery

It has been five years since the beginning of the Great Recession, and the labor market recovery, while far from great, has been steady. Nevertheless, we are still more than 3 million jobs short of the pre-recession level.

The State of the U.S. Labor Market Recovery

It has been five years since the beginning of the Great Recession, and the labor market recovery, while far from great, has been steady. Nevertheless, we are still more than 3 million jobs short of the pre-recession level.

Monetary Policy: From There to Here to Where?

Drawing from his long experience participating in the policymaking process at the Federal Reserve, chief policy officer Mark Sniderman shares his views on how the Federal Reserve's framework for conducting monetary policy has evolved over the past decade. He explains how changes in economic theory have helped shaped this new framework and how lessons learned from the Great Depression and Japan's recent struggle with deflation have contributed.

Are We Like Sweden? Recovery in the Labor Market

More than 20 years ago Sweden suffered a severe financial crisis that brought unemployment to an all-time high. To this day the unemployment rate has not returned to where it was before the crisis. Economists say that if the U.S. is anything like Sweden, our full recovery may still be a long way off. Sweden is like the U.S. in many ways, but the roots of its labor market troubles appear to be very different from ours.

The Concentration of Poverty within Metropolitan Areas

Not only has poverty recently increased in the United States, it has also become more concentrated. This Commentary documents changes in the concentration of poverty in metropolitan areas over the last decade.

Contruction Spending

Private construction spending increased 2.0 percent in December to $614.9 billion and is 15 p

The Employment Report

Nonfarm payrolls increased by 157,000 in January, but the real story is the annual benchm

Contruction Spending

Private construction spending increased 2.0 percent in December to $614.9 billion and is 15 p

The Employment Report

Nonfarm payrolls increased by 157,000 in January, but the real story is the annual benchm

The Concentration of Poverty within Metropolitan Areas

Not only has poverty recently increased in the United States, it has also become more concentrated. This Commentary documents changes in the concentration of poverty in metropolitan areas over the last decade.

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