Econ Comments & Analysis
Fortune | The Fed's magic jobs number
Ever since Ben Bernanke raised the possibility last month that the Federal Reserve would pull back on bond purchases as early as later this year, people have been wondering just how likely that is. The bond market seems to think it's pretty likely. A parade of Fed governors have been saying not so much.
Blogs
WSJ | Are Jobless Benefits Leading to Higher Unemployment?
Are extended unemployment benefits leading to higher rates of long-term unemployment? A new paper from the Federal Reserve Bank of Boston suggests the answer is “no”—or at least, “not much.”