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Yellen's dilemma: what does the latest jobs report mean?

Published Sun, Mar 8, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

THE biggest decision Janet Yellen has faced in her year-old US Federal Reserve chairmanship was laid bare in a single report on the domestic job market released last Friday.

The unemployment rate fell to 5.5 per cent as job creation continued at a strong pace. Joblessness is now within the 5.2-5.5 per cent range that Fed leaders say reflects a sustainable level over the long run.

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