As Fed contemplates a move, Democratic states lag furthest in jobs recovery - NewsBreak
By Victor in Business
Updated 2 years ago
WASHINGTON, Nov 19 (Reuters) - Hopes to restore U.S. employment to its pre-pandemic level, an aim of the Federal Reserve and the Biden administration, now rest on a recovery of jobs in New England and California, a potentially troubling fact for the president's Democratic Party ahead of critical midterm elections and as the Fed plots a possible turn to tighter monetary policy.