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Falling Unemployment Doesn't Rate for Fed

Wall Street Journal Original article ›

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Why high unemployment and the high percentage of the long term unemployed is determining U.S. Federal Reserve interest rate policy in 2012-2014

01/27/2009

With 40% of the unemployed in the U.S. shown as long term unemployed, mismatch in skills and other structural problems with unemployment, the U.S. Federal Reserve policies of Fed chairman Bernanke are geared to addressing this problem.

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U.S. Fed's Janet Yellen at the IMF, July 2, 2014- on how she sees monetary policy focussing on full employment and price stability letting regulatory supervision take on task of curtailing bubble activity

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Janet Yellen reemphasizes her view of focussing on full employmen and price stability. She sees regulatory supervision, including higher capital reserve requirements and regulation of short term funding, as better able to fulfill the task of restricting bubble type activities. Yellen says she is aware of the effects on emerging markets of the Fed's policies, in a question and answer session with Christine Lagarde of the IMF.

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Fed's Yellen Defends Low Rates

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Falling Unemployment Doesn't Rate for Fed

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Fed's Yellen Hedges Her View on Rates

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Activists to Fed: Premature Rate Hikes Would Hurt Poor

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Danger of increasing numbers of permanently unemployed workers in the U.S.

04/30/2009

The serious problem of the large proportion of long term unemployed in the total number of unemployed persons in the U.S., with the figure higher than 40% in 2012. More than any downturn in the postwar period the present situation presents the danger of increasing numers of permanently unemployed workers. Retraining become a big issue as some industries like autos are permanently downsized, and others like healthcare and renewable energy which are growing will require retraining.

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Jamie Dimon’s harried JPMorgan Chase pushes campaign for worker training - The Washington Post

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Not Enough Inflation

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It's Still Bad for the Long Term Unemployed

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Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed

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Falling Unemployment Doesn't Rate for Fed

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Elevated Level of Part-Time Employment: Post-Recession Norm?

Wall Street Journal 11/13/2014


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