Articles About Diane Swonk
- Tom Silva
Job Creation Strengthens, But Unemployment Increases?
American companies added 244,000 jobs to the economy in April, the fastest pace in five years. In an ironic twist, however, the unemployment rate climbed to nine percent, according to the Department of Labor. The unemployment rate fell to 8.8 percent in March after dropping continuously since November’s rate of 9.8 percent rate. Economists had […]
- James I. Clark III
Fed Retirement Gives President Obama the Go-Ahead to Chart a New Fiscal Course
Federal Reserve Chairman Ben Bernanke may get all the headlines, but the retirement of Vice Chairman Donald L. Kohn is giving President Barack Obama the historic opportunity to reshape the nation’s central bank. Kohn is one of seven Fed governors who set U.S. monetary policy and regulate the financial system. The change comes at a […]