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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

U.S College Graduates to Enter the 'Strongest Job Market’ in a Decade, says Fed Chair

December, 21 2016
watermark Economic news

On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of Baltimore and leave the words “Get a college degreeâ€, Yellen affirmed these to the young Americans because the U.S job market are becoming the strongest among other countries since the unemployment rate is as low as 4.6% since 2007. Moreover, policymakers also acknowledged the development in the economy for the previous week which made them decide a second-time rate hike after a decade.

The Fed Chair also stated that the future of the job seekers seems positive, particularly for a college degree holder by which the unemployed college graduates is approximately 2.3%.

She also mentioned the two important forces, improving technologies and globalization, to complete the formal learning of the higher education.  Furthermore, she did not discuss anything about her work regarding monetary policy. 

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.