Does Janet Yellen Know About These Two Shocking Labor Shortages?
Description:Janet Yellen and her wicked smart team at the FOMC always consider tons of economic data in determining Fed policy. One figure they check in closely on is the labor force participation rate. At 62.8 percent currently, the labor force participation rate is at its lowest level since 1978. Clearly the labor market is improving, that is for some sectors of the economy.(1:31)