Federal Reserve Bank of Richmond: "How to Gauge Maximum Employment"
September 11, 2025
September 11, 2025
RICHMOND, Virginia, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-32) in August 2025 by Marios Karabarbounis entitled "How to Gauge Maximum Employment".
Here are excerpts:
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Congress has given the Federal Reserve a dual mandate: pursue stable prices and achieve maximum employment. In pursuit of these goals, the Fed links these mandates to concrete economic measures. For "stable pric . . .
Here are excerpts:
* * *
Congress has given the Federal Reserve a dual mandate: pursue stable prices and achieve maximum employment. In pursuit of these goals, the Fed links these mandates to concrete economic measures. For "stable pric . . .