• Philadelphia Fed president Harker: Employment remains down significantly

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24 junho 2021

Philadelphia Fed president Harker: Employment remains down significantly

  • U.S. economy, by and large, is in good shape overall
  • GDP has come roaring back after record contraction during H1 2020; consumption, housing, and manufacturing are extremely healthy; workers’ incomes are rising
  • Employment remains down significantly; we still have nearly 7.6 million fewer people working than we did before the pandemic
  • One of Fed's most important responsibilities is to build an equitable workforce

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