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SF Fed Blog

Kenyatta Leal

Can Tech Jobs Lower Prison Recidivism Rates?

The Last Mile piloted its Code.7370 program at the San Quentin State Penitentiary in 2014. Now in four California prisons, it teaches computer coding skills to inmates, providing a framework for change and path to employment.

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Economic Letter

Has the Wage Phillips Curve Gone Dormant?

Posted October 16, 2017

Although the labor market has strengthened, wage growth has remained slow, suggesting the wage Phillips curve—the traditional relationship between the two—has weakened. Estimating a causal link with national data is hard, but city-level data show that the cross-city relationship has weakened since the recession. Explanations suggest that the Phillips curve may return to a steeper curve in the future.

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In the News

From the President

What’s the Future of Interest Rates? The Answer’s in the Stars

October 11, 2017

Remarks at the Salt Lake Area Community Leaders Luncheon
Salt Lake City, Utah


Economic Outlook

October 16, 2017

Reuven Glick, group vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of October 12, 2017.

From the Board

Beige Book

October 18, 2017

Summary of Commentary on Current Economic Conditions by Federal Reserve District

As an armored vehicle driver, Tashina Clark delivered cash to the San Francisco Fed's Salt Lake City branch. Now she's a Federal Reserve police officer taking advantage of the Fed's tuition reimbursement program.

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