Women have played outsize roles in paid and unpaid caregiving and in running homes. Pay equity and greater parity in household duties could help advance women’s economic gains, two researchers say ow.ly/xo1W50J3u66
What types of skills do people with econ degrees bring to the table? Looking at a few descriptions of economics from people who work in the field provides some insights ow.ly/bMue50J3tT6
From the FRED Blog: While overall CPI inflation is relatively high, price increases for communication, education, toys, health care, and some other categories are below average ow.ly/tCWV50J3ttb
Join us May 10 to hear @LeverforChange CEO Dr. Cecilia Conrad discuss philanthropy’s role in pursuing economic equity—part of our Conversations on Equity virtual speaker series #STLFedCD#CommDevow.ly/uPtP50J3qxL
What is the impact of congested ports on shipping costs? An analysis of changes in the cost to ship to major U.S. ports suggests that rising costs varied more by the country of origin than by the destination port ow.ly/lMpn50J3epC
The FRED Blog examines patterns of increasing family income inequality in the U.S. between 1967 and 2020. Up until 2020, that inequality was least pronounced in the Midwest ow.ly/i2hE50J0GVL
Trade, transportation and utilities and leisure and hospitality led job gains in April, with additions of 104,000 and 78,000, respectively. Manufacturing added 55,000 jobs. See a breakdown of @BLS_gov survey data by sector: ow.ly/PlPK50J1Fvo
The Russian invasion of #Ukraine has substantially increased commodity prices, increasing risk to global economic activity. Find out more in this Economic Synopses ow.ly/3rlk50J1FjB
The U.S. labor force participation rate dipped slightly to 62.2% in April from 62.4% in March. For participation rates by sex, race, educational level and other categories, see FRED ow.ly/gSon50J1FuC
In the week ended May 4, the level of U.S. commercial paper outstanding—a measure of short-term promissory notes issued mostly by corporations—decreased by $1.0 billion to $1.103 trillion ow.ly/QW8z50J1Fu2
The U.S. added 428,000 more workers to nonfarm payrolls in April, marking a 12th straight month of gains over 400,000, and taking the total to 151.3 million ow.ly/6UFa50J1Fto
The FRED Blog creates a ratio of mean to median family income to detail the evolution of income inequality: Are rich families becoming relatively richer? Are poor families becoming relatively poorer? Both? ow.ly/eugb50J0GW6
The U.S. trade deficit increased to a seasonally adjusted $109.8 billion in March, $20 billion above February’s revised gap of $89.8 billion ow.ly/s1R250IZCJj
What types of skills do people with econ degrees bring to the table? Looking at a few descriptions of economics from people who work in the field provides some insights ow.ly/AUKV50IZCSb
Total U.S. construction spending increased slightly, by 0.1%, in March, seasonally adjusted, after edging up 0.5% in February. See the breakdown in spending by residential and nonresidential projects in FRED ow.ly/gOP950IX6NP
From the FRED Blog: Our new Macro Snapshot is a portal into the FRED dataverse, providing convenience and context for important economic information—indicators St. Louis Fed economists and policymakers follow to assess the economy ow.ly/jSBL50IX9tg
Initial claims for unemployment insurance benefits increased by 19,000 in the week ended April 30, to 200,000. The four-week moving average ticked up to 188,000 ow.ly/LELZ50J0GWS
In a 2021 podcast, St. Louis Fed economist and Research Officer Oksana Leukhina discussed how college admissions are related to economic efficiency and income inequality ow.ly/SmeS50IYxKY
The FRED Blog examines patterns of increasing family income inequality in the U.S. between 1967 and 2020. Up until 2020, that inequality was least pronounced in the Midwest ow.ly/vpjc50J0GVr
U.S. labor productivity, measured as nonfarm workers’ output per hour, decreased 7.5% at an annualized rate in Q1, after rising 6.3% in 2021:Q4 ow.ly/xn7p50J0GWB
Trade, transportation and utilities and leisure and hospitality led job gains in April, with additions of 104,000 and 78,000, respectively. Manufacturing added 55,000 jobs. See a breakdown of @BLS_gov survey data by sector: ow.ly/zMoC50J1wsE
The U.S. labor force participation rate dipped slightly to 62.2% in April from 62.4% in March. For participation rates by sex, race, educational level and other categories, see FRED ow.ly/TmHO50J1yJX
In the week ended May 4, the level of U.S. commercial paper outstanding—a measure of short-term promissory notes issued mostly by corporations—decreased by $1.0 billion to $1.103 trillion ow.ly/s8fi50J1A0P
Total U.S. consumer credit increased $52.4 billion in March after rising $37.7 billion in February. Nonrevolving credit (auto and student loans) rose $21.1 billion, while revolving debt (credit cards) climbed $31.4 billion ow.ly/GTpy50J1JGP
The U.S. added 428,000 more workers to nonfarm payrolls in April, marking a 12th straight month of gains over 400,000, and taking the total to 151.3 million ow.ly/WGc050J1qzR
Credible forward guidance means market interest rates have increased substantially in advance of tangible Fed action. The Fed is not as far “behind the curve” based on this interpretation, Bullard says ow.ly/954550J1J36
Even if based on a minimum interpretation of the persistent component of inflation, generously defined Taylor-type monetary policy rules still recommend substantial increases in the policy rate, Bullard says ow.ly/kE3h50J1J1K
Is the Fed “behind the curve” when it comes to U.S. monetary policy? St. Louis Fed President Jim Bullard discusses two interpretations during remarks at Stanford University’s Hoover Institution ow.ly/eFFe50J1J6S
A new analysis shows exposure to global supply chain disruptions played a significant role in U.S. cross-industry producer price index inflation for most of 2021 ow.ly/nhGG50IRME3
From the FRED Blog: Our new Macro Snapshot is a portal into the FRED dataverse, providing convenience and context for important economic information—indicators St. Louis Fed economists and policymakers follow to assess the economy ow.ly/CEai50IX9nc
The FRED Blog creates a ratio of mean to median family income to detail the evolution of income inequality: Are rich families becoming relatively richer? Are poor families becoming relatively poorer? Both? ow.ly/AM6c50J0GPj