[Federal Reserve's Daly: Current Situation Appears 'Unstable'] Odaily Planet Daily News - Federal Reserve's Daly stated that the Fed must balance the two-way risks of its responsibilities. The current situation appears 'unstable,' with a low hiring and low firing environment that may persist or quickly shift to a labor market with no hiring and more layoffs. Businesses are cautiously optimistic, while workers are less certain. (Jin10)