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Remarks by Secretary of the Treasury Janet L. Yellen on the State of the U.S. Economy in Chicago, Illinois
I’m honored to be here at the Economic Club of Chicago to talk about the middle class in America: from when the pandemic hit, to the recovery, to what’s ahead. It’s a fitting story to tell here in Chicago. Like many American cities, Chicago was built by a middle class that drove industrialization and innovation. But Chicago and its middle-class residents have also faced challenges for decades. This story of the middle class is not separate from the state of the economy. It’s at the heart of it. By middle class, I don’t mean a narrow or fixed group. I mean workers across industries and occupations—from ... (full story)