The Economy

May 3, 2013
April job gains dampened by weaker outlook for young Americans

The employment situation posted overall improvement in April; however, a drop in employment for 25- to 34-year-olds...

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The minutes show a Fed where certain members still view the risk and costs of mortgage-backed securities purchases as manageable, while others say the market needs to be watched closely for any signs that suggest quantitative easing should be curtailed.

Unemployment is now down to 7.7% and the nation added 236,000 jobs in February, so what does this mean for quantitative easing? Will it go away or does the Fed remain committed to seeing unemployment fall closer to 6%?