On the recordNovember 27, 2017
Full employment is not sort of a precise concept in our thinking, in my thinking, and I think a number of indicators would suggest that we are at or around full employment.
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congress.govJerome Powell: “Full employment is not sort of a precise concept in our thinking, in my thinking, and I think a number of indicators…”
Editor's note · Context
Powell discusses the ambiguity of the term 'full employment' in relation to current labor market indicators.
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