At Fed, a new look at those left out in boom times - Reuters TV

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At Fed, a new look at those left out in boom times - Reuters TV
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U.S. unemployment may be at a 50-year low, but in minority communities around the country, people are being left behind. hpschneider breaks down the situation. Watch the full report:

you have a strong labor market you've got very low unemployment US unemployment may be out of fifty year low but in many places around the country including Minneapolis where the jobless rate is a stunning two point three percent some people are still being left behind especially in the nation's minority communities economics reporter Howard Schneider has the story job in labor advocates in in north Minneapolis for example they'll say that in some neighborhoods %HESITATION the...

and others and assessing whether a new strategy could bring jobs and higher wages to the group's web missed out on the recovery what is transformed into is a much bigger sort of a discussion about how the economy works and in particular whether the fed might be able to see room for unemployment to fall even lower and really the the gains of the recovery to extend more broadly into into more communities that have so far been left behind to do that the fed would have to rethink longstanding...

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