Categories: Markets

Unemployment Benefits May Have Partially Affected April Employment – Charles Evans

The President of the Federal Reserve Bank of Chicago, Charles Evans, said Monday that unemployment benefits could have partly affected April employment along with schools and child care, as reported Reuters.

Featured statements

“I am optimistic that we are going to return to solid employment figures.”

“Unemployment insurance benefits are generous and helpful for people looking for high-risk jobs.”

“People are still nervous, but things will improve with the launch of the vaccine.”

“Looking for strong growth in the second half of 2021”.

“Expecting to see several months of strong job growth, it won’t take long.”

“Workers may be thinking about investing in skills that can create long-term job opportunities.”

“Problems with vaccination and the use of masks could extend the life of the virus.”

“The Fed wants to make sure that monetary policy doesn’t get in the way of a vibrant labor market.”

“The Fed wants to see good employment reports month after month before approaching any further substantial progress.”

Market reaction

The US Dollar Index It largely ignored these comments and was last seen losing 0.05% on the day at 90.17.