Posts tagged ‘unemployment’

Ladies and Gentlemen, We Have Explicit Fed Targets

Today, the Federal Reserve announced that it will keep its foot on the easy-money pedal until the unemployment rate drops below 6.5% or inflation looks to go above 2.5%. The proposal has been getting some press as of late (you can see my recent post after Fed Vice Chair Yellen brought up the idea…

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More Thoughts on the Household Survey from the Jobs Report

As we now know, the drop in the U.S. unemployment rate to 7.8% was driven by a big jump up the estimated number of employed people – 847,000 according to the Bureau of Labor Statistics. It might be worthwhile to look a couple of the factors that influence that number. It’s worth noting too that…

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