State of the american job market. The Unemployment Rate currently stands at 6. 2 , down from a high of 10 back in 2009. Despite making progress, the Federal Reserve chair said there is more that needs to be done. Hampton pearson has more. Reporter the job market is improving, but there is still lots of work to do. Janet yellen called the employment picture hazy, on her short list of concerns, reducing longterm unemployment and increasing the prospects for higher wages for those with jobs. Chair yellen has made it clear, she wants to see wage gains. Until she sees wage gains she wont pull the trigger on raising rates in the economy. Headline unemployment at 6. 2 is down more than a full percentage point in the last 12 months. While the economy has regained the nearly 9 million jobs last since the recession, millions of americans are working for far less money. The two sectors that lost the most jobs, manufacturing and construction, where the average pay is 60,000 a year, are still about
We start tonight with the state of the american job market. The Unemployment Rate currently stands at 6. 2 , down from a high of 10 back in 2009. Despite making progress, the Federal Reserve chair said there is more that needs to be done. Hampton pearson has more. Reporter the job market is improving, but there is still lots of work to do. Janet yellen called the employment picture hazy, on her short list of concerns, reducing longterm unemployment and increasing the prospects for higher wages for those with jobs. Chair yellen has made it clear, she wants to see wage gains. Until she sees wage gains she wont pull the trigger on raising rates in the economy. Headline unemployment at 6. 2 is down more than a full percentage poi in the last 12 months. While the economy has regained the nearly 9 million jobs last since the recession, millions of americans are working for far less money. The two sectors that lost the most jobs, manufacturing and construction, where the average pay is 60,000
We start tonight with the state of the american job market. The Unemployment Rate currently stands at 6. 2 , down from a high of 10 back in 2009. Despite making progress, the Federal Reserve chair said there is more that needs to be done. Hampton pearson has more. Reporter the job market is improving, but there is still lots of work to do. Janet yellen called the employment picture hazy, on her short list of concerns, reducing longterm unemployment and increasing the prospects for higher wages for those with jobs. Chair yellen has made it clear, she wants to see wage gains. Until she sees wage gains she wont pull the trigger on raising rates in the economy. Headline unemployment at 6. 2 is down more than a full percentage poi in the last 12 months. While the economy has regained the nearly 9 million jobs last since the recession, millions of americans are working for far less money. The two sectors that lost the most jobs, manufacturing and construction, where the average pay is 60,000
State of the american job market. The Unemployment Rate currently stands at 6. 2 , down from a high of 10 back in 2009. Despite making progress, the Federal Reserve chair said there is more that needs to be done. Hampton pearson has more. Reporter the job market is improving, but there is still lots of work to do. Janet yellen called the employment picture hazy, on her short list of concerns, reducing longterm unemployment and increasing the prospects for higher wages for those with jobs. Chair yellen has made it clear, she wants to see wage gains. Until she sees wage gains she wont pull the trigger on raising rates in the economy. Headline unemployment at 6. 2 is down more than a full percentage poi in the last 12 months. While the economy has regained the nearly 9 million jobs last since the recession, millions of americans are working for far less money. The two sectors that lost the most jobs, manufacturing and construction, where the average pay is 60,000 a year, are still about 3
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