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Yellen Goes on Road to Investigate Health of the Jobs Market

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Janet Yellen's first meeting as chairwoman of the U.S. Federal Reserve and press conference, March 18, 2014

03/19/2014

Yellen's emphasizes she will look at a broad range of indicators including inflation, jobless for over 6 months and parttime workers who want full time jobs, and fianncial market developments. The Fed continued to reduce its bond purchases- from $65 billion to $55 billion a month. The Fed said plans were to increase short term interest rates about 6 months after the bond purchases end in the fall of 2014, but to do so very gradually and in small increments. A majority of economists interpreted this to mean the Fed will not increase rates till 2015, especially considering the focus on broad indicators includes other aspects of the unemployment picture that are not included in the unemployment rate.

Grouped Articles

Yellen Debut Rattles Markets

Wall Street Journal 03/20/2014

Fed Cuts Bond Buying by Another $10 Billion

New York Times 03/19/2014

Hiring Rises, but Number of Jobless Stays High

New York Times 04/04/2014

In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy

New York Times 05/05/2014

Recognizing Bubbles But Still Cautious About Deflating Them

New York Times 09/10/2014

Yellen Goes on Road to Investigate Health of the Jobs Market

New York Times 10/16/2014

Low "churn" or job turnover and how it affects unemployment during 2011-2013

02/08/2012

Low rates of quitting jobs or "churn" in the labor force and the different recovery in the U.S. labor market in 2011-2013. A healthy quit rate promotes upward mobility according to economists Steve Davis and Janet Yellen.

Grouped Articles

Workers Shed Caution, in a Healthy Sign for Labor Market

Wall Street Journal 02/10/2014

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

Wall Street Journal 04/16/2014

Yellen Goes on Road to Investigate Health of the Jobs Market

New York Times 10/16/2014

Sanders, Corbyn and the coming debate inside the Democratic Party - The Washington Post

Washington Post 09/13/2015

Little Room for New Workers

Wall Street Journal 02/08/2012

Piecing Together the Job-Picture Puzzle

Wall Street Journal 03/12/2012

Yellen and Krueger on low short term unemployment pushing inflation up when long term unemployment is high

04/16/2014

Yellen's position is that it is premature to assume low short term unemployment at a time of high long tem unemployment will lead to increasing inflation. Krueger's research shows that this can happen. Yellen prefers to go by a range of indicators and look at the overall picture of evidence from economic trends including deflationary trends in Europe, low inflation and low wage pressures in the U.S. with slack in the economy.

Grouped Articles

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

Wall Street Journal 04/16/2014

Yellen Says Job Weakness Forestalls Raising Rates

New York Times 04/16/2014

Hiring Is Strong and Jobless Rate Declines to 6.1%

New York Times 07/03/2014

WSJ's Hilsenrath: Fed Can Be Patient on Rate-Hike Debate After Data

Wall Street Journal 08/02/2014

Yellen Goes on Road to Investigate Health of the Jobs Market

New York Times 10/16/2014


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