The Fed Learns From Its Mistakes on Employment: Mike Konczal

The video discusses the Federal Reserve's shift towards focusing on full employment, learning from past mistakes, and analyzing labor market data beyond headline rates. It highlights policy changes in the US, including social safety nets and addressing inequality. The discussion also covers future economic goals, such as reducing unemployment and implementing reforms in manufacturing, infrastructure, and climate policy.

What are the implications of President Biden's campaign promises on Federal Reserve policy?

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How does the current economic recovery compare to other global recoveries?

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What are the key goals for unemployment reduction mentioned in the discussion?

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