Federal Reserve Chair Janet Yellen said on Monday that the jobs market is weak and central bank policy is needed to fix it. Yellen talked about how she believes there’s still slack in the labor markets….even though unemployment rates have dropped from a post-recession high of 10-percent in 2009 to six point seven percent last month. The Fed has fallen short of its maximum goal of sustainable employment and stable inflation at 2 percent.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
