With employers ramping up hiring and the unemployment rate sinking in the past year, pressure is rising on Janet Yellen’s Federal Reserve: Is the time near to raise interest rates to prevent a strengthening economy from igniting inflation? Employers, after all, have added an average 244,000 jobs a month since February — the best six-month hiring spree in eight years. But the Fed chair has made clear she monitors many gauges of the job market beyond hiring and unemployment.
Thanks for checking us out. Please take a look at the rest of our videos and articles.
To stay in the loop, bookmark our homepage.