Washington Post (09/21/12) Zachary A. Goldfarb
Some U.S. Federal Reserve officials are making the case that the Fed should state that it wants to cut unemployment to a certain level prior to withdrawing the stimulus it has infused into the economy over the past few years. Yesterday, Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, suggested that the Fed publicly state it will continue to stimulate the economy until the unemployment rate declines to 5.5% or inflation surpasses 2.25%. Making such a public statement would help ease concerns consumers and companies may have about just when the central bank will withdraw its stimulus measures. Without that reassurance consumers and companies may hold back their borrowing and spending.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in ONE place.