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Labor

  • Speech by President Lorie K. Logan

    Opening remarks for Fed Listens

    Dallas Fed President Lorie Logan spoke ahead of a Fed Listens roundtable in El Paso, part of an event series to hear from people across the country about how the Fed's monetary policy framework affects businesses and communities.

  • Speech by President Lorie K. Logan

    Opening remarks for conversation at Greater Waco Chamber

    President Lorie Logan delivered remarks on how the Federal Reserve's federated structure and monetary policy independence serve the country.

  • Has the Beige Book become disconnected from economic data?

    The Federal Reserve's Beige Book, a key tool for identifying U.S. business-cycle shifts, has traditionally aligned with economic data. However, postpandemic, its economic characterizations often appear weaker than what hard data indicated, raising concerns of divergence from official statistics.

  • Innovation flourishes in Austin

    Austin continues to grow as a place where research and creativity flourish. On a recent trip to the Texas capital, Dallas Fed President Lorie Logan visited with people representing various stages of the innovation cycle, from cutting-edge research to developing real-life applications.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.7 percent in 2025, with an 80 percent confidence band of 1.1 to 2.3 percent.

  • Research Department Working Papers

    An Information-Based Theory of Monopsony Power

    This paper develops a tractable model of monopsony power based on information frictions in job search.

  • In Abilene, Big Country success depends on small-town community

    Abilene anchors a 19-county rural region dubbed “The Big Country” by early pioneers. Collaboration was a consistent theme in Dallas Fed President Lorie Logan's conversations with community and business leaders during a recent trip to the area.

  • Job cyclicality provides timely signals on Texas, U.S. business cycle

    The cyclicality of industries and their behavior provide early indications of economic turning points in Texas and the U.S. and provide a timelier view than other data that are widely used to confirm downturns and expansions.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.5 percent in 2025, with an 80 percent confidence band of 0.8 to 2.2 percent.

  • Strong U.S. employment driven by sectors less sensitive to business cycles

    The U.S. has enjoyed strong payroll job gains in the past couple of years despite generally restrictive monetary policy. The sectoral composition of employment reveals job growth has been concentrated in areas that are the least sensitive to national employment fluctuations over the business cycle.