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WHITT

(2,868 posts)
Fri Mar 5, 2021, 08:50 PM Mar 2021

Janet Yellen Talks To PBS's Judy Woodruff

Back on February 10th, the current Chair of the Fed, Jerome Powell, told the 'Economic Club of New York' that the real Unemployment Rate was actually 10%, and had previously stated the Congress needs to GO BIG, and the real danger was going too small.

Today, the former Chair of the Fed and current Treasury Secretary, Janet Yellen, said the real Unemployment Rate is 10%, and that the Congress needs to GO BIG, and the real danger is going too small.


HELLO? EARTH TO "MODERATE" DEMS. ARE YOU LISTENING?


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Janet Yellen Talks To PBS's Judy Woodruff (Original Post) WHITT Mar 2021 OP
Yellen said the unemployment rate, which fell to 6.2% in February, was overstating the improvement elleng Mar 2021 #1

elleng

(130,902 posts)
1. Yellen said the unemployment rate, which fell to 6.2% in February, was overstating the improvement
Fri Mar 5, 2021, 09:35 PM
Mar 2021

in the labor force because it does not count the 4 million people who have stopped looking for work and have dropped out of the job market. She said the real unemployment rate is 10%. 47 mins ago

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