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unemployment rate - Fed Tunes Into Yellen Still Playing the Blues on Labor Market

bloomberg.com

Fed Tunes Into Yellen Still Playing the Blues on Labor Market

businessweek.com2014-07-31 02:54:08Cache

The Federal Reserve’s policy committee has tuned into Chair Janet Yellen’s beat on the U.S. labor market, and it’s still playing the blues. The Federal Open Market Committee’s policy statement today diminished the unemployment rate as a measure of progress toward its full-employment goal, saying “a range” of indicators suggest “significant underutilization of labor resources.” That’s a view Yellen has expressed repeatedly since she became chair in February.

Europe mixed ahead of unemployment and inflation data | Alpari Newsroom | Live Daily Forex News | Giving you expert market analysis

alpari.co.uk2014-07-31 06:11:48Cache

FOMC very dovish despite ongoing improvement in the economy; Yellen may wait until Jackson Hole next month to discuss rate hikes; German unemployment and retail sales figures being released this morning; Eurozone inflation data less important, unemployment rate also being released. European futures are looking a little mixed ahead of the open, following similarly mixed sessions in the US and Asia overnight.

Fed Tunes Into Yellen Still Playing the Blues on Labor Market

bloomberg.com

Fed Tunes Into Yellen Still Playing the Blues on Labor Market

businessweek.com2014-07-31 02:54:08Cache

The Federal Reserve’s policy committee has tuned into Chair Janet Yellen’s beat on the U.S. labor market, and it’s still playing the blues. The Federal Open Market Committee’s policy statement today diminished the unemployment rate as a measure of progress toward its full-employment goal, saying “a range” of indicators suggest “significant underutilization of labor resources.” That’s a view Yellen has expressed repeatedly since she became chair in February.

Fed nods to firmer prices yet still focused on labor weakness

reuters.com2014-07-31 02:02:01Cache

WASHINGTON (Reuters) - The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment rate, but expressed concern about remaining slack in the labor market.

So, The Fed Pretty Much Doesn't Care About The Unemployment Rate Anymore (DIA, SPX, SPY, QQQ)

businessinsider.com

So, The Fed Pretty Much Doesn't Care About The Unemployment Rate Anymore (DIA, SPX, SPY, QQQ)

businessinsider.com2014-07-30 23:22:15Cache

REUTERS/David MoirThe Fed is done basically using the unemployment rate to guide monetary policy. Last December, the Fed ditched its long-held outline that it would keep interest rates near 0% as long as unemployment remained above 6.5%. With that announcement, the Fed, said, "it will likely be appropriate to maintain the current target range for the federal funds rate well past the time that the unemployment rate declines below 6.5%.

Fed Sees Labor-Market Slack Even After Unemployment Rate Dropped

bloomberg.com

Fed Sees Labor-Market Slack Even After Unemployment Rate Dropped

businessweek.com2014-07-30 22:48:11Cache

The Federal Reserve said the labor market still has plenty of room for improvement, even after a surprising drop in unemployment, bolstering the case for keeping interest rates low. “A range of labor-market indicators suggests that there remains significant underutilization of labor resources,” the Federal Open Market Committee said today in a statement in Washington, dropping language that unemployment is “elevated.” The Fed also said inflation has risen closer to its goal.

Fed offers a dual message on health of US economy

2014-07-30 21:27:10Cache

The Federal Reserve offered a mixed message on the U.S. economy Wednesday: Growth is strengthening, and the unemployment rate is steadily falling. Yet by some measures, the job market remains subpar.

US economy roars back with 4% growth

usweekly.com

US economy roars back with 4% growth

usweekly.com2014-07-30 20:56:04Cache

US economy roars back with 4% growthAdded: 30.07.2014 18:54 | 1 views | 0 commentsSource: news.yahoo.comThe recovery is strongly back on track, suggesting unemployment will continue to fall and raising questions about the timing of interest rate risesMore in www.ft.

Could Silicon Valley Become the Next Camden, New Jersey?

citylab.com

Could Silicon Valley Become the Next Camden, New Jersey?

citylab.com2014-07-30 15:43:18Cache

When I moved to Camden, New Jersey, I expected to find a city struggling with poverty, unemployment, and crime. I didn’t expect to find a post-industrial landscape littered with technological relics that only an engineer like me could love.  My apartment is in a converted factory that fills a city block, and its wall of 14-foot-tall windows was designed to create a well-lit space for industrial workers.

Live Stream - The New Battleground: Veterans

defenseone.com

Live Stream - The New Battleground: Veterans

defenseone.com2014-07-30 11:18:14Cache

Defense One and Iraq and Afghanistan Veterans of America are teaming up for a one-day event focusing on the future of veterans in the United States. From problems getting care at VA hospitals and an increasing number of suicides to a higher than average unemployment rate and a war-weary public that still doesn’t completely understand what it means to be a veteran, ​this live event will explore these challenges and examine the way forward for this newest “Greatest Generation.

County jobless rate up for June

crossville-chronicle.com2014-07-30 01:15:33Cache

County unemployment rates for June 2014 show the rate increased in all 95 counties of Tennessee. In Cumberland County, the jobless rate rose from 7.4 percent in May to 8.3 percent for June.