The FOMC  The FOMC consists of twelve members: seven members of the Board of Governors of the Federal Reserve System, including the Chairman and the Vice Chairman, and five Reserve Bank presidents, of whom four serve on a rotating basis. The other seven presidents also attend FOMC meetings and participate in the discussions, although they do not have the right to vote.
As a first example, the survey findings highlight the important correlation between postsecondary education and labor market outcomes. The survey data indicate that higher levels of educational attainment are associated with higher earnings, greater job satisfaction, and increased optimism about one’s job future. P-TECH focuses on providing students with postsecondary credentials, helping to address one of the survey’s main concerns.