While the unemployment rate has doubled over the recent business cycle, the underlying long-term trend in the rate -- the so-called "natural" rate of unemployment -- has inched up only modestly, to roughly 5.6-5.7 percent, say Federal Reserve Bank of Cleveland researchers Murat Tasci and Saeed Zaman, who also note that the actual unemployment rate may stay well above the natural rate for some time.
On September 1, the Federal Reserve is hosting a national summit and releasing a companion publication aimed at fighting the rising tide of foreclosures and helping to stabilize neighborhoods most at risk of decline. Listen live, download the publication, and check out the latest Drawing Board video here.
The Federal Reserve System will sponsor a national summit on September 1 and 2 to discuss methods and resources for encouraging neighborhood stabilization in the aftermath of the U.S. home mortgage foreclosure crisis. The forum will showcase findings from Federal Reserve research and policy efforts, including the release of the publication REO and Vacant Properties: Strategies for Neighborhood Stabilization.
Two researchers at the Federal Reserve Bank of Cleveland argue that some lessons could be learned from examining the farm foreclosure crisis in the 1980s.
Timothy Dunne has been named a vice president in the Economic Research Department at the Federal Reserve Bank of Cleveland, effective May 28, 2010. He is responsible for the department's Regional Issues Group.
The sharp rise in unemployment over the past several years is not due primarily to a wave of job losses but rather to the fact that once unemployed, workers' chances of finding employment have fallen dramatically, says Murat Tasci, an economist at the Federal Reserve Bank of Cleveland.
The Federal Reserve Bank of Cleveland has appointed Dale Roskom as the Bank's first vice president and chief operating officer. The announcement was made today by Sandra Pianalto, president of the Cleveland Reserve Bank.
The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council. All appointments were effective January 1, 2010.
Two researchers at the Federal Reserve Bank of Cleveland argue that some lessons could be learned from examining the farm foreclosure crisis in the 1980s.
Researchers at the Federal Reserve Bank of Cleveland have developed a simple measure of inflation expectations that provides some advantages over other commonly used measures.
David Mytnick, a junior from Ohio's North Ridgeville High School, and Daniel Van Twisk, a senior from Hoover High School in North Canton, Ohio, are the top winners in the Federal Reserve Bank of Cleveland?s 2010 Creative Writing Contest.
While the unemployment rate has doubled over the recent business cycle, the underlying long-term trend in the rate -- the so-called "natural" rate of unemployment -- has inched up only modestly, to roughly 5.6-5.7 percent, say Federal Reserve Bank of Cleveland researchers Murat Tasci and Saeed Zaman, who also note that the actual unemployment rate may stay well above the natural rate for some time.
On September 1, the Federal Reserve is hosting a national summit and releasing a companion publication aimed at fighting the rising tide of foreclosures and helping to stabilize neighborhoods most at risk of decline. Listen live, download the publication, and check out the latest Drawing Board video here.
The Federal Reserve System will sponsor a national summit on September 1 and 2 to discuss methods and resources for encouraging neighborhood stabilization in the aftermath of the U.S. home mortgage foreclosure crisis. The forum will showcase findings from Federal Reserve research and policy efforts, including the release of the publication REO and Vacant Properties: Strategies for Neighborhood Stabilization.
Two researchers at the Federal Reserve Bank of Cleveland argue that some lessons could be learned from examining the farm foreclosure crisis in the 1980s.
Two researchers at the Federal Reserve Bank of Cleveland argue that some lessons could be learned from examining the farm foreclosure crisis in the 1980s.
Researchers at the Federal Reserve Bank of Cleveland have developed a simple measure of inflation expectations that provides some advantages over other commonly used measures.
Timothy Dunne has been named a vice president in the Economic Research Department at the Federal Reserve Bank of Cleveland, effective May 28, 2010. He is responsible for the department's Regional Issues Group.
David Mytnick, a junior from Ohio's North Ridgeville High School, and Daniel Van Twisk, a senior from Hoover High School in North Canton, Ohio, are the top winners in the Federal Reserve Bank of Cleveland?s 2010 Creative Writing Contest.
The sharp rise in unemployment over the past several years is not due primarily to a wave of job losses but rather to the fact that once unemployed, workers' chances of finding employment have fallen dramatically, says Murat Tasci, an economist at the Federal Reserve Bank of Cleveland.
The Federal Reserve Bank of Cleveland has appointed Dale Roskom as the Bank's first vice president and chief operating officer. The announcement was made today by Sandra Pianalto, president of the Cleveland Reserve Bank.
The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council. All appointments were effective January 1, 2010.
