Federal Reserve Chair Says Job Market is 'Tougher Now Than in Any Recession'
Yesterday Federal Reserve Chair Janet Yellen spoke about helping “Main Street, not Wall Street.”
She didn’t just focus on the unemployment rate but she did talk about a variety of economic indicators pointing to the weak job market.
Are numbers as bleak as they were five years ago? Thankfully, no. Could they be a lot better than they are now? Yes!
Per CNN, she dished about wages rising too slowly. Get this — since the recession, compensation has typically increased two percent each year.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in