By Andrew Moran New labor market data show that the number of permanent job losses—a measure of workers who lost their employment and were not expected to be recalled by their employers—increased for the second consecutive month. According to data from the Bureau of Labor Statistics (BLS), the total number of permanent job losers rose […]
Tag: Federal Reserve System
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
