Yellen: Job Market is Weak, Strong Fed Policy Needed

Federal Reserve Chair Janet Yellen says the job market is weak and strong central bank policy is needed to fix it.
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Federal Reserve Chair Janet Yellen said on Monday that the jobs market is weak and central bank policy is needed to fix it. Yellen talked about how she believes there's still slack in the labor markets....even though unemployment rates have dropped from a post-recession high of 10-percent in 2009 to six point seven percent last month. The Fed has fallen short of its maximum goal of sustainable employment and stable inflation at 2 percent.