On the recordFebruary 23, 2021
A major concern since the very beginning has been people out of the labor market for too long.
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congress.govEditor's note · Context
Powell warns about the long-term effects of unemployment on individuals' skills and livelihoods.
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More from Jerome Powell
Jul 1, 2025
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
Aug 22, 2025
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
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