About
Economic Insights
Economic Insights is the Philadelphia Fed’s home for nontechnical articles about monetary policy, banking, and national, regional, and international economics, all written for a wide audience by our team of research analysts and economists.
The New Normal: Low Employment Growth in the U.S. Labor Market
Economic Insights — Employment growth has slowed considerably in the United States. After expanding by 120,000 per month during 2024, monthly payrolls grew on average by just 10,000 during 2025.
Latest Articles
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Article
How Did the U.S. Policy Response to the COVID-19 Pandemic Affect Inflation and Economic Growth?
03 November ’26
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Article
The New Normal: Low Employment Growth in the U.S. Labor Market
November 2026
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Article
Why Couples Overspend Even When Both Partners Are Rational Savers
05 October ’26
Research in Focus
The Research in Focus series explores the methodology and synthesizes key findings from the Bank’s working papers. Explore the latest articles to gain a deeper understanding of Philadelphia Fed research.
Explore Business Review articles about the overall economy, banking, and monetary policy going back to 1975.
Our Research Department's high-quality academic and original research supports the Federal Open Market Committee and the Bank's leadership as they address economic, finance, and public policy issues.