The Federal Reserve's latest survey of business conditions found the nation's employment climate improved and economic activity to be expanding. It is expected that the Fed will continue their pattern of gradually raising interest rates to keep inflation and the economy stable. The labor market has shown signs of improvement with companies reporting stronger demand for workers in financial services, legal services and freight transportation and distribution.
See "Fed Report: Economic Activity Expanding", Jeannine Aversa, Chicago Tribune, March 9, 2005