How Weak is the Labor Market?
April 1, 2021
The most cited unemployment rate does not capture the full extent of weakness in the labor market — and this is a bigger issue in recessions.
Employment
April 1, 2021
The most cited unemployment rate does not capture the full extent of weakness in the labor market — and this is a bigger issue in recessions.
December 15, 2020
The Fed's new framework for inflation and employment imply letting the economy run "hot" in ways that could benefit low-income and minority communities.
December 12, 2020
Graduating college in a downturn can have lasting career impacts. Worsening trends for new graduates raise concerns for those graduating in the COVID recession.
October 13, 2020
Automatic stabilizers are spending or tax policies that cushion downturns and taper off as the economy improves. They respond rapidly and continue while needed.
March 23, 2020
A resolution of the underlying cause and a dramatic policy response that mitigates the economic damage are needed to stanch the acute phase of an economic crisis.
March 12, 2020
Effects from the pandemic and from measures to slow its progression impact supply and demand of goods and services and people’s expectations of the future.
October 28, 2019
During economic downturns the social safety net can help families meet basic needs while providing a fiscal stimulus to the economy.
October 8, 2019
Inflation has averaged just over 1-1/2 percent over the past decade. With unemployment at historic lows, continued soft inflation poses a puzzle and a challenge.
September 17, 2019
The Fed does not have much room to stimulate the economy with traditional tools if the economy were to slip into recession. A negative rate would give it more ammunition.