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Mar 15, 2021

What “full employment” means in a pandemic-ravaged economy

“I’m hopeful that, if we defeat the pandemic, that we can have the economy back near full employment next year,” Treasury Secretary Janet Yellen said over the weekend. Plus, a new infrastructure bill that goes beyond roads and bridges.

Unemployment is still high, but job creation is rebounding. Officials are also concerned about Americans' financial condition across race, gender and geography.
Unemployment is still high, but job creation is rebounding. Officials are also concerned about Americans' financial condition across race, gender and geography.
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What “full employment” means in a pandemic-ravaged economy