Online Community

ASA Central

A dynamic online community for ASA members to exchange ideas and best practices, and connect with industry peers in their sector. Visit the site ›
Find Goods & Services

ASA Marketplace

This powerful online resource enables staffing companies to find and access industry supplier information, products and services. Visit the site ›
Daily Publication

Staffing Today Newsletter

Your #1 daily source for news about the workforce industry. With versions available to members and nonmembers. Visit the site ›
Health Care Reform

Affordable Care Act Resources for Staffing

Up-to-date news, resources, interactive tools, and more—all focused on helping ASA members comply with the ACA. Visit the site ›
Advertisers & Exhibitors

Staffing Industry Suppliers

ASA has numerous and diverse marketing opportunities available to help you reach the rapidly growing staffing industry. Visit the site ›
Exclusive Products

ASA Store

From certification packages and study guides to marketing tools and data reports, ASA resources add value to your business. Visit the site ›

Jobs Turn Ugly. Will Fed Swoop In?

Fox Business (04/23/12)

Economic analysts expect the U.S. Federal Reserve’s Federal Open Market Committee meeting Wednesday will affirm the central bank’s current monetary policy. However, some recent economic data support the view that the recovery remains tentative and that very accommodative policies are still necessary. The March employment numbers came in well under expectations, and the number of initial jobless claims for unemployment benefits has unexpectedly climbed in recent weeks since hitting a low point in February. Despite the possibility that sluggish expansion could slow down job growth, the minutes from the last meeting revealed that only a “couple of members indicated that the initiation of additional stimulus could become necessary if the economy lost momentum.”

The Federal Reserve is expected to reiterate the pledge to keep rates at the current level, targeting between zero percent and 0.25% until 2014. “The Federal Reserve has more or less committed itself to keeping the Fed funds rate at zero until 2014 unless the economy starts to grow pretty fast. I think that is the most that can be said,” observes Charles Weise, Ph.D., economics professor at Gettysburg College in Gettysburg, PA.