BernankeBen Bernanke, who will be replaced by Janet Yellen next year, had his last FOMC meeting of 2013 on December 18. At the press conference he gave his final remarks on unemployment and inflation. Micah Hyde Jersey ConsulTree follows the unemployment situation closely. We believe wholesale buffalo bills Jerseys number the economy has enough ground to keep custom buffalo bills Jerseys growing, cheap buffalo bills Jerseys 5xl Jerseys but companies must keep acquiring top talent to leverage any buffalo bills Jerseys discounted continued upward trend.

The Federal Reserve has Louis Lipps Womens Jersey a Authentic Nelson Agholor Jersey target unemployment rate of 6.5%, below which it may consider increasing its federal funds rate, currently at 0.25%. The current unemployment rate, at 7%, is fast approaching this level. In the press conference it was also stressed that even when the rate gets to this level, the Fed will keep the funds rate at low levels for a longer period Braylon Edwards Youth Jersey of time. This will add to the stability of the economy, making any decision about talent acquisition a long term “investment” in accordance with the Federal Reserve policies.

Bernanke addressed several issues concerning inflation and the asset buying program, but in terms of the employment situation he seems satisfied with the pace and goals. His last remark on the conference in his last presentation was about the decline of the labor force participation and how government can help to alleviate this phenomenon. The Chairman believes, firstly, that the lowering of the unemployment rate will come from a generation of actual job creation as red buffalo bills Jerseys opposed to people not looking for a job anymore; and, secondly and most importantly, fundamentally training our work-force to fit Authentic Sami Vatanen Jersey the needs of 21st century industry is the responsibility not only of the private sector but also of the government and educational sectors. The skill level of the workforce is one of the biggest challenges that our society faces and an issue that must be addressed to avoid seeing more and more people unemployed or underemployed.

We, [CEO’s] still have many challenges to face, making now the time to begin filtering, hiring and coaching top talent so to create even more opportunities.

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