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Yellen says US faces 'long road' back to recovery
thehill ^ | 05/07/2021 | Morgan Chalfant

Posted on 05/07/2021 2:19:07 PM PDT by ChicagoConservative27

Treasury Secretary Janet Yellen cautioned Friday that the U.S. faces a “long road” to economic recovery but described the latest jobs report from the Department of Labor as an indication the country is making progress.

“We knew it would be a long road back to the recovery. That’s why the legislation provided lasting support rather than just a few months of relief. We knew this would not be a 100-day battle,” Yellen said at a White House press briefing. “Today’s jobs report underscores the long haul climb back to recovery.”

The U.S. economy added 266,000 jobs during the month of April and the unemployment rate rose to 6.1 percent, according to the Labor Department. The numbers came in far below economists’ expectations.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: long; recovery; road; yellen
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This elf needs to go back in her tree and make cookies.
1 posted on 05/07/2021 2:19:07 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Profanity warning. History of the World (Mel Brooks) unemployment line in gladiator times.

https://youtu.be/tl4VD8uvgec?t=9


2 posted on 05/07/2021 2:21:44 PM PDT by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

We are back to the socialist doldrums of the Obama administration.


3 posted on 05/07/2021 2:22:20 PM PDT by kaehurowing
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To: ChicagoConservative27
Janet should just wait until her baked-in-the-cake hyperinflation kicks in.


4 posted on 05/07/2021 2:22:44 PM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: ChicagoConservative27

Yes, the Constitution is nice and all that, but we Scientists may not be able to let you enjoy its protections. It’s just too dangerous right now, unfortunately.


5 posted on 05/07/2021 2:25:04 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27

Because of Democrat interference.


6 posted on 05/07/2021 2:25:34 PM PDT by SkyDancer (If At First You Don't Succeed ~ So Much For Skydiving)
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To: Travis McGee

It has already started. With perpetual unemployment, rampant fraud and thousands of employers begging for workers (who will WORK) we are in a very precarious position. Thanks Democrats. Thieves of the election and swindlers of our treasure…


7 posted on 05/07/2021 2:25:48 PM PDT by Shady (Prince Andrew must be dethroned...And who killed Ashli Babbitt? )
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To: ChicagoConservative27

As long as the government borrows $ trillions every month.


8 posted on 05/07/2021 2:27:54 PM PDT by Dalberg-Acton
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To: ChicagoConservative27

A long road back to recovery? In other words a long road back to the Trump economy before Covid?

It was the Democrats who ruined America‘s economy. What makes these idiots think they have a plan to recover?


9 posted on 05/07/2021 2:29:05 PM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
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To: ChicagoConservative27
Yellen said that the Biden administration has heard from businesses that they are experiencing difficulty hiring but noted that other factors are at play, such as absence of child care, irregular school schedules and ongoing concerns about the pandemic.

The argument is being set for the infrastructure bill to solve all of these Rat caused problems. May I add, RINOs contributed as assistant Democrats.

10 posted on 05/07/2021 2:30:25 PM PDT by ConservativeInPA (“When injustice becomes law, resistance becomes duty.” ― Thomas Jefferson)
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To: ChicagoConservative27
BS. Just remove the restrictions and the notion that government must do everything.

11 posted on 05/07/2021 2:31:44 PM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: ChicagoConservative27

Expecting a million jobs. Not even close. Maybe something to do with “unemployment” free bucks.


12 posted on 05/07/2021 2:31:52 PM PDT by Sacajaweau
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To: ChicagoConservative27

We were in one hell of a better place on 2 November, 2020.

Thank you, Xiden voters (Dominion, Squishy RINO Maggots).


13 posted on 05/07/2021 2:33:41 PM PDT by Howie66 (God Bless TEXAS! #Texit)
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To: ChicagoConservative27

The US may be facing the Long road to recovery, but the road taken by Biden and Yellen is the road to Perdition.


14 posted on 05/07/2021 2:34:33 PM PDT by Richard Axtell ( NO*)
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To: Howie66

Yep


15 posted on 05/07/2021 2:36:08 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Shady

16 posted on 05/07/2021 2:37:20 PM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: ChicagoConservative27
They're deliberately crashing the economy because they have a built-in excuse.

Trump's fault!

He mishandled the pandemic and destroyed millions of jobs.

And at least half the folks will believe it.

17 posted on 05/07/2021 2:37:58 PM PDT by Bratch
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To: ChicagoConservative27

Given who it is, I’m surprised she didn’t call it a ‘Long March’.


18 posted on 05/07/2021 2:38:20 PM PDT by A Formerly Proud Canadian (I once was blind but now I see... )
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To: ChicagoConservative27

Seemed like a short road up until the election was stolen.


19 posted on 05/07/2021 2:39:10 PM PDT by mikey_hates_everything
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To: ChicagoConservative27

““We knew it would be a long road back to the recovery. “

If Trump was in charge it would be a near immediate recovery.


20 posted on 05/07/2021 2:40:10 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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