Workforce & Economic Development
Perspective
Deepening Our Understanding of the Labor Market
Exploring how workers can reach their fullest individual potential is an area of significant research at the Philadelphia Fed. In this perspective, President Patrick Harker expands on how this work supports our goal of achieving maximum employment.
About
Presidential Search
15 Nov ’24
The Federal Reserve Bank of Philadelphia has initiated a nationwide search for its next President and CEO. Learn more about how we are ensuring an open, transparent, and inclusive search, get the latest information and news, and find out how you can be involved.
Report
LIFE Survey Report – October 2024
This report is part of a quarterly series on key observations from the Labor, Income, Finances, and Expectations (LIFE) Survey. Data from the survey provide insight into consumers’ recent financial lives and their future expectations.
The Economy
A source for Philadelphia Fed research, data, and perspectives on labor markets and economic opportunity.
Aruoba-Diebold-Scotti Business Conditions Index
20 Dec ’24
An index designed to track real business conditions at high observation frequency
Discussion Paper
The Rise in Mortgage Fees: Evidence from HMDA Data
DP 24-01 – New Home Mortgage Disclosure Act data fields shed light on borrower closing costs, which rose significantly in 2022–2023.
Article
Inequality Research Review: Gender Gaps in the Labor Market
Economic Insights — We made great strides toward gender equality in the 20th century, but the gap in earnings between men and women persists, most likely because mothers are more likely to focus their energy on child care rather than paid labor.