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Donald Trump and Janet Yellen have very different ideas about the job market
One of the less prominent of Donald Trump's many outlandish and unsubstantiated claims, was an attack last year against improving employment statistics that he suggested were rigged. Trump has also claimed the unemployment rate, currently at 4.8%, was a "phony number," arguing the real figure could be as high as 42% — a statement with no evidence to back it up. Meanwhile, Federal Reserve officials are set to raise interest rates further this month because they have a very different view of things. Fed Chair Janet Yellen and her colleagues see the economy approaching what they consider "full employment" — ... (full story)
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