Economics
Yellen Sees Full Employment in 2022 With Biden Stimulus Plan
- Says U.S. job market in ‘deep hole’ with minorities hurt most
- GOP’s Toomey says $1.9 trillion plan not the ‘right solution’
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Treasury Secretary Janet Yellen said the U.S. can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy.
“I’m afraid that the job market is stalling,” she said on CBS’s “Face the Nation,” in one of two Sunday-morning interviews.