Friday , September 30 2022

Still vulnerable to the US labor market, two Fed officials said


The President of the Bank of the Federal Bank of New York, Washington, Washington and Philadelphia said on Wednesday that the United States labor market, although the labor market in the US was rising, caused some problems such as unemployment and skills shortages. vulnerability still exists.

President Williams said at a workplace meeting held at the New York Federal Reserve that "There is a difference between business and economic opportunities in the US In addition to having skills shortages when visiting each place I always hear that the economic recovery is not uniform. "

At the same meeting, Mr Harker said: "Companies must begin to consider the development of labor as an investment rather than a social service."

The Federal Reserve has decided to maintain interest rates on the Federal Open Market Committee (FOMC), which opened until the day before. Although the FOMC statement showed the future of interest rate increases, despite the fact that the unemployment rate in the United States is 3.7%, the lowest level since the 1960s, the reason the Fed increased interest rates only gently Both the Chairman's remarks are accompanied by observations of the day.

Our Code of Conduct:Thomson Reuters "principle of trust"
Source link