The Federal Reserve’s (Fed’s) phone number is 202-452-3000, but the number most financial market participants are looking for is the Fed’s assessment of the number of jobs the economy needs to create the sustained improvement in the labor market they are seeking. The September 2012 employment report (released by the Bureau of Labor Statistics on Friday, October 5, 2012), while generating plenty of political chatter, did little to…

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What’s the Fed’s Number?