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Lockhart Says ‘Slow Employment’ Is Central Policy Issue

From bloomberg.com

Federal Reserve Bank of Atlanta President Dennis Lockhart said sluggish growth in the job market has become a central issue for policy makers. “As you know the Federal Open Market Committee statement yesterday noted slow employment growth and expressed concerns that without further stimulus we might not have enough growth generated to sustain improvement in labor markets,” Lockhart said at a conference on the labor market at the Atlanta Fed. “I am not going to expound further on the FOMC statement or the chairman’s remarks in his press conference,” he said. “But it is clear the labor market and the outlook for jobs ... (full story)

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