Federal Reserve sees employment as key to recovery

This week the Federal Reserve chairman Ben Bernanke acknowledged that the key to an economic recovery is the labor market. As we all know when you are employed you have far more disposable income than if you are sitting at home collecting unemployment checks.

The Fed is looking to continue its low interest rates hoping it will continue to spur investments and further job growth in the country.

The Federal Reserve Bank of Atlanta has a podcast of its thoughts on the impact of the Great Recession on the labor market.

Check out Ben Bernanke’s full speech and slides here.