Monday, December 19, 2016

Yellen: "Strongest job market in nearly a decade"

From Fed Chair Janet Yellen: Commencement Remarks The short version of what I have to say is that while I expect workers will continue to face some challenges in the coming years, I believe, for two reasons, that the job prospects and career opportunities for new graduates at this time are very good. First, after years of a slow economic recovery, you are entering the strongest job market in nearly a decade . The unemployment rate, at 4.6 percent, is near what it was before the recession. This is a level that has been associated with good job opportunities. Job creation is continuing at a......(read more)
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