Economic Policy Makers Double Down on Elusive Goal: Full Employment

Before the pandemic, low joblessness boosted prosperity without overheating the economy and igniting inflation. Getting back there is the top economic aim of the Fed and Biden administration. “The longer that you allow that high unemployment to fester, the more scarring it has.”Before the pandemic, low joblessness boosted prosperity without overheating the economy and igniting inflation. Getting back there is the top economic aim of the Fed and Biden administration. “The longer that you allow that high unemployment to fester, the more scarring it has.”Read MorePAIDWSJ.com: US Business