Full Employment and Balanced Growth Act (Humphrey-Hawkins Act)

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Full Employment and Balanced Growth Act (Humphrey-Hawkins Act), October 27, 1978. https://fraser.stlouisfed.org/title/1034, accessed on June 21, 2021.

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  • Humphrey-Hawkins Act
  • An Act to Translate Into Practical Reality the Right of All Americans Who Are Able, Willing, and Seeking to Work to Full Opportunity for Useful Paid Employment at Fair Rates of Compensation; to Assert the Responsibility of the Federal Government to Use All Practicable Programs and Policies to Promote Full Employment, Production, and Real Income, Balanced Growth, Adequate Productivity Growth, Proper Attention to National Priorities, and Reasonable Price Stability; to Require the President Each Year to Set Forth Explicit Short-term and Medium-term Economic Goals; to Achieve a Better Integration of General and Structural Economic Policies; and to Improve the Coordination of Economic Policymaking Within the Federal Government
  • Public Law 95-523, 95th Congress, H.R. 50

92 Stat. 1887.

Government Printing Office

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102