Federal Reserve Vice Chairman Says Economy Is Nearing “Full Unemployment” …Real Unemployment Closer to 42.9%
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Jun 30, 2015, 6:42 pm289 ptsAccording to the Federal Reserve Bank in St. Louis the labor participation rate is at its lowest point since the Carter years. Federal Reserve Vice Chairman Stanley Fischer told a an audience at England’s Oxford University this week that the US economy is nearing “full unemployment.”Reuters…
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