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Report
The San Francisco Fed and the West: a century of reinvention
John C. Williams and Sam Zuckerman explore how our region grew into an economic and cultural pacesetter for the world, and how the San Francisco Fed evolved to become part of a 21st century central banking system. The story offers important lessons on what it took for the West to become a force for economic progress during the past century and how the qualities rooted in the spirit of the region will be essential in the years ahead.
Report
Does college matter?
A series of essays authored by San Francisco Fed President and CEO John C. Williams, Senior Vice President and Associate Director of Research Mary C. Daly, Research Associate Yifan Cao, and Senior Economic Education Manager Jody Hoff, argue that the answer to the questions 'Does college matter?' is a resounding yes.
Report
A diverse landscape
Report
What we’ve learned ... and why it matters. 2015 Annual Report President's Letter
2015 Annual Report President's Letter. Report consists of web-text, videos and podcasts, available at: http://www.frbsf.org/our-district/about/annual-report/annual-report-2015/#toc
Report
Gateway to Asia
Asia?s growing influence in the United States - economically and culturally - is very apparent in the Federal Reserve?s Twelfth District. The nine western states form a geographical gateway to Asia, and because of the close ties, can provide insight into Asian economic and financial developments. The Twelfth District is an attractive destination for trade and investment by Asian companies because of its location. Also, the District?s geographical position has contributed to a long and rich history of Asian immigration into the region.
Report
Redefining the labor market. SF Fed economists Rob Valletta, Nicolas Petrosky-Nadeau, and Mary C. Daly share their thoughts on the U.S. labor market with fellow economist President John Williams
Changes in demographics, and in employer and worker needs, have redefined the U.S. labor market. We discuss the "new normal" in our 2015 annual report, What We've Learned?and why it matters. Observations include how the gig economy?or sharing economy?is affecting the part-time workforce. We also look at influences on labor force participation rates and clarify the math behind sluggish wage growth. A consideration for both is the retirement of higher-earning baby boomers and the increase in steady employment for lower-wage workers.