Thursday, April 17, 2014

Full Emplyment within Sight?

http://www.marketwatch.com/story/yellen-plausible-economy-restored-in-two-years-2014-04-16-1291253

Janet Yellen, chair of the Federal Reserve, recently gave a speech in which she expressed her belief that a return to full employment is "quite plausible" within the next two years. This article provides a brief discription of the speech (and provides a link to a more detailed write up).  Do you agree with Yellen? How likely to you think a return to full employment is within the next two years?

3 comments:

  1. I am skeptical to say the least. The system seems incredibly fragile still, and even if we did reach full employment in 2years, how long lasting would it be?

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  2. That's good news. However, if they don't deliver the results up to par of the expectations created, people may be upset. Hope for the best, prepare for the worst.

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  3. I hope we can achieve a sustainable full employment this time. The unemployment rate before the crash was 4.8 percent...

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