Opening Remarks for Sessions on Men and Women in the Workforce
Abstract: The widely followed overall unemployment rate is the standard measure for the state of the U.S. labor market. But underneath that single statistic are wide-ranging differences across geographies, and demographic groups. No one statistic can adequately characterize the labor market because aggregate numbers can mask the wide range of experiences across people, sectors, and places. Uneven labor market outcomes call for a full and focused exploration, motivated by our duty to pursue the Fed’s maximum employment mandate.
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Provider: Federal Reserve Bank of Boston
Part of Series: Speech
Publication Date: 2024-02-06