Author Archive, Nicolas Mendoza

Chicago Fed President to his colleagues: Obey the law

By | 11.15.11 | 4:05 pm

The Federal Reserve Bank of Chicago has unveiled a new webpage More… that explains the Federal Reserve System’s dual mandate of achieving maximum employment while keeping prices stable, and shows key indicators of whether the Fed is actually fulfilling that mandate.

State and local governments hired fewer people in September, while total hires and job openings increased

By | 11.08.11 | 11:08 am

Total job openings in the U.S. economy rose in September, increasing by 225,000 to 3.35 million, and total hires during the month increased by 185,000 to 4.25 million, according to new estimates from the Bureau of Labor Statistics More…. But while the number of people getting hired in the U.S.

Government job growth estimates often inaccurate, with consequences seen at the policy level

By | 11.07.11 | 1:29 pm

On Friday, the Bureau of Labor Statistics released their monthly jobs report More…, which estimated that 80,000 new non-farm jobs were created during October, and that the unemployment rate decreased very slightly to 9.0 percent.

Image via Flickr/Max Wolfe

Experts say Alabama law goes further than any other immigration legislation in the developed world

By | 10.28.11 | 2:01 pm

More…Immigration and human rights experts say that no other developed country has passed an immigration law as stringent as Alabama’s.

Alabama State Capitol (Photo via Flickr/jimbowen0306)

Some conservatives hesitant to publicly praise Alabama immigration law

By | 10.25.11 | 5:43 pm

More…Many Republicans, including the governor of Alabama, are hesitating to publicly praise Alabama’s controversial immigration law, most of which remains in effect even after a federal circuit court blocked one of its more controversial provisions.

The Federal Reserve building (photo via Flickr/Ken_Mayer)

Report shows Federal Reserve boards filled with business and financial executives

By | 10.21.11 | 2:37 pm

More…With Republicans in Congress unwilling to pass President Obama’s jobs bill, many believe that the Federal Reserve is the only institution left that can lift the economy out of its seemingly perpetual slump.