Bloomberg (05/20/14) Craig Torres
In her first 100 days as U.S. Federal Reserve chairman, Janet Yellen has emphasized the central bank’s full-employment goal, and she’s stressed the need for progress on the broadest measures of joblessness, including the number of people out of work long-term and those who can find only part-time positions. Some experts say the declining employment rate is at least partially tied to workers entering retirement, but it also reflects a weaker economy. Yellen has expressed support for a tighter labor market.
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