"There is no bargaining power for workers right now with unemployment so high, " said Naroff.
FORBES: Mass layoffs hit some areas worse than others in 2009.
"The fact that the Fed didn't announce any new approaches is somewhat good news, " says Joel Naroff, of Naroff Economic Advisors.
FORBES: The Economy
"The Fed noted that the private economy is pushing ahead, but it is the government that is putting roadblocks in the way, " Naroff said.
NPR: Fed Keeps Stimulus, Says Taxes And Cuts Have Hurt
Joel Naroff, chief economist at Naroff Economic Advisors, said he viewed the Fed's more forceful remarks on the issue as criticism of Congress' fiscal policies.
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