The statement that the U.S. economy is at or near full employment pertains to the national economy.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
Feb 13, 2017
congress.gov
Feb 13, 2017
I think we refuse to actually take a long hard look at our Federal budget to see what simply doesn't make sense anymore.