| WASHINGTON -- A random trip to a local job fair may be responsible for the Federal Reserve's renewed focus on income disparities and its fresh concern over the low-quality jobs being created by the lackluster recovery. Sarah Bloom Raskin, a Fed governor, said Tuesday that she was prompted to study the kinds of jobs people are getting to replace jobs lost during the recession after she interrupted her daily commute to the Fed from her suburban Washington home one day to visit a job fair. It was full of opportunities for lifeguards and restaurant workers, but offered little in the way of stable, middle-class jobs. Continue reading...
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