NY Fed’s Dudley: US jobs market still has bright future

William C Dudley
Photo: © 2009 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org

William Dudley, president of the New York Federal Reserve, on Friday spoke to a group of graduates on the economic outlook in the US and offered advice on future employment opportunities.

In his remarks at the 44th Annual Commencement at the New College of Florida in Sarasota, Dudley said that while the Federal Reserve had been aggressive about easing monetary policy to support economic activity, the recovery is not likely to be as robust as desired for several reasons.

First, households were

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