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Speech
A Shot in the Arm: Stimulating the American Workforce
New economic policies are needed to combat the nation?s persistently declining labor force participation rate, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in a speech to the World Affairs Council of Philadelphia. President Harker said the U.S. labor market is strong, but the participation rate is waning.
Speech
La Salle University 16th Annual Economic Outlook
The United States is and has been an economic powerhouse for most of the past century. We?re the world?s largest economy, and we have consistently been a source of innovation and invention. If we want to keep our global edge, it?s time to think about broad policies that look to where we?ll be in the future. When I was playing football, we ran where the ball was headed to catch it; that?s how we have to look at policy ? monetary, fiscal, and other ? not where we are on the field but where we?re headed.