Economics
Yellen Says More Women in U.S. Workforce Would Help Boost Growth
- Fed chief says barriers to participation and pay still exist
- Yellen calls for affordable child care and flexible work
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Federal Reserve Chair Janet Yellen said the U.S. could boost its potential growth rate and productivity by removing barriers that limit women’s participation in the workforce.
The Fed chief didn’t discuss the path of interest rates or near-term monetary policy issues in her 18 pages of text on the history of women’s participation in the economy, which drew some examples from her own family.