Woman wearing medical scrubs, a lanyard with ID card, and a stethoscope around her neck sitting on a couch looking at a book with an open laptop nearby.

Workforce & Economic Development

Perspective

Deepening Our Understanding of the Labor Market

Exploring how workers can reach their fullest individual potential is an area of significant research at the Philadelphia Fed. In this perspective, President Patrick Harker expands on how this work supports our goal of achieving maximum employment.

Federal Reserve Bank of Philadelphia building seen from 6th Street.

About Us

About

Presidential Search

The Federal Reserve Bank of Philadelphia has initiated a nationwide search for its next President and CEO. Learn more about how we are ensuring an open, transparent, and inclusive search, get the latest information and news, and find out how you can be involved.

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LIFE Survey Report – October 2024

This report is part of a quarterly series on key observations from the Labor, Income, Finances, and Expectations (LIFE) Survey. Data from the survey provide insight into consumers’ recent financial lives and their future expectations.

Aruoba-Diebold-Scotti Business Conditions Index

An index designed to track real business conditions at high observation frequency

Row homes painted different shades of blue and green.

Mortgage Markets

Discussion Paper

The Rise in Mortgage Fees: Evidence from HMDA Data

DP 24-01 – New Home Mortgage Disclosure Act data fields shed light on borrower closing costs, which rose significantly in 2022–2023.

Inequality Research Review: Gender Gaps in the Labor Market

Economic Insights — We made great strides toward gender equality in the 20th century, but the gap in earnings between men and women persists, most likely because mothers are more likely to focus their energy on child care rather than paid labor.

Event

Oct

22-23

2024

Eighth Annual Fintech Conference

Federal Reserve Bank of Philadelphia (Hybrid)