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Daily Archives: October 20, 2011

Federal Reserve Board Speech – Unemployment, the Labor Market, and the Economy

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Unemployment, the Labor Market, and the Economy – Governor Daniel K. Tarullo At the World Leaders Forum, Columbia University, New York, New York, October 20, 2011

  • “Longer-term patterns in the types of jobs being created have also contributed to a widening gap in wages and income between the richest and poorest Americans. Adjusting for inflation, earnings for a worker in the middle of the wage distribution have risen about 10 percent since 1980, while earnings for a highly paid worker at the 90th percentile of the wage distribution have risen more than 30 percent during the same period. Earnings for workers near the low end of the distribution–those around the 10th percentile–have risen only about 5 percent after taking inflation into account. Thus, as has been widely observed, the gains from economic growth over the past three decades have disproportionately accrued to the highest wage earners.”
  • Related postings on financial system

    • Pew: As learning goes mobile – slides

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    “Lee Rainie, Director of the Pew Research Center’s Internet & American Life Project, spoke about As learning goes mobile at the Educause 2011 annual conference. He described the Project’s latest findings about how people (especially young adults) use mobile devices, including smartphones and tablet computers. He discussed how the mobile revolution has combined with the… Continue Reading

    FDA Report – Factors Potentially Contributing to Contamination of Fresh, Whole Cantaloupe Implicated in Multi-State Listeria Foodborne Illness Outbreak

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    Environmental Assessment: Factors Potentially Contributing to the Contamination of Fresh Whole Cantaloupe Implicated in a Multi-State Outbreak of Listeriosis Multistate Outbreak of Listeriosis Linked to Whole Cantaloupes from Jensen Farms, Colorado, CDC CDC’s Morbidity and Mortality Weekly Report (MMWR Report) on the Multistate Outbreak of Listeriosis Linked to Whole Cantaloupes from Jensen Farms, Colorado FDA… Continue Reading