Fed's Harker speaking

  • we had a strong economy before the pandemic struck
  • pandemic has exasperated trends in the economy including inequality and automation
  • economy is not just going to snap right back to where was
  • it will be important to retrain workers for better jobs
  • if you want the economy we all think we deserve, we have to solve this problem of bringing people into the middle class
  • getting more women and racial minorities into the workforce benefits all of us
  • economy will not grow unless we bring people up from lower skill jobs into the middle class