Economics
Fed’s Kashkari Says Jobs Data Are Sign U.S. Not at Full Employment Yet
- Jokingly tweets labor market now at ‘maximumer’ employment
- Minneapolis Fed chief weighs in after strong payroll report
Neel Kashkari
Photographer: David Paul Morris/Bloomberg
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Neel Kashkari is questioning whether the economy is really at full employment, a line his Federal Reserve colleagues frequently trot out.
“We were at maximum employment. We are now at maximumer employment,” the Minneapolis Fed president tweeted Friday, after the Labor Department’s monthly employment report showed that the U.S. economy added 313,000 jobs in February.