Based on the latest revision, firms added an average of 194,000 jobs per month in 2013, somewhat better than the pace in 2012. This consistent pace of job growth was enough to drop the unemployment rate 1.2 percentage points last year. In January, it fell a bit further to 6.6 percent.
Federal Reserve Bank of New York https://www.newyorkfed.org/outreach-and-education/communitydevelopment/community-development-finance-conference 28  - 11 -  requested comments from the public on a proposal to do just that. Importantly, the proposal would encourage banks to expand access in LMI communities to home mortgage, small business, and other credit, to make community development investments, and engage in lending and banking services.