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Yellen and Powell Agree on 'Single Most Important Thing' to Boost Labor Force Participation

Posted on AllSides December 1st, 2021
From The Right

There are plenty of jobs available right now, but a shortage of workers to fill them.

"What else should Congress do to help bring workers back into the labor force?" Sen. Raphael Warnock (D-Ga.) asked Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell at a hearing of the Senate Banking Committee on Tuesday.

Both Yellen and Powell said the "single most important thing" is getting past the COVID-induced disruptions:

"So, I would say that in the short run, vaccinations and increasing the number of people who have boosters...

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https://www.cnsnews.com/article/washington/susan-jones/yellen-and-powell-agree-single-most-important-thing-boost-labor

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