The unemployment rate in the United States is closer to 10% than the official 6.7%, said Wednesday the President of the American Central Bank (Fed), Jerome Powell.
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If we count the mass of workers who have given up actively seeking work,
"the real unemployment rate is close to 10%"
, said Jerome Powell at a press conference after a meeting Fed monetary policy;
he stressed that the rate of participation in employment
"was significantly below its level"
before the pandemic, adding that
"there is still a long way to go before reaching our employment targets"
.
