See also Ben S. Bernanke, Michael T. Kiley, and John M. Roberts (2019), “Monetary Policy Strategies for a Low-Rate Environment,” Finance and Economics Discussion Series 2019-009 (Washington: Board of Governors of the Federal Reserve System, February), https://doi.org/10.17016/FEDS.2019.009. -6disabilities. Research suggests it may be helping to narrow some of the long-standing disparities for some racial minorities, although this development is tentative and modest.
8 We hear from business contacts that they are now hiring workers they may not previously have considered. During the recession, the evidence suggests that many employers raised their requirements for many job categories. As labor markets have tightened, employers in certain sectors, occupations, and areas of the country report they are loosening requirements and investing more in training.