The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Has the migration of jobs to the suburbs changed the commuting patterns in the NewYork City metro area? An analysis of current commuting trends suggests that Manhattan remains the region's undisputed employment center and that workers are actually traveling farther to their jobs. Two factors appear to account for the longer commutes: the dispersion of people and jobs and a greater tolerance for long-distance travel among employers and employees.