Red states are leading the charge in economic recovery, as measured by 2020 fourth quarter gross domestic product (GDP) numbers and February 2021 unemployment rates, according to new government figures released Friday. All 50 states and the District of Columbia saw an increase in GDP in the fourth quarter of last year, with the overall …
Red States Lead the Way in Economic Recovery and Employment Read More »
FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder February 25, 2021 By Jonnelle Marte (Reuters) – The U.S. economy remains far from the Federal Reserve’s goals for employment and inflation and monetary policy will …
Fed’s Brainard says U.S. economy far from employment, inflation goals Read More »
The United States will return to full employment in 2022 if President Joe Biden’s relief package is passed, Treasury Secretary Janet Yellen predicted Sunday. “I would expect that, if this package is passed, that we would get back to full employment next year,” Yellen said. Full employment refers to an economy in which the unemployment …
