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© Reuters. File picture: Mary Daley, President of the Federal Reserve Bank of San Francisco, poses at the bank headquarters in San Francisco, California, U.S., July 16, 2019.Reuters/Ann Saphir/File Photo/File Photo
(Reuters)-San Francisco Federal Reserve Bank President Mary Daley said on Friday that based on the average employment growth rate in the past three months, U.S. employment may return to pre-crisis levels by the end of next year.
“Today’s job market report just says that we are on the road,” Daly said in an interview with CNN, referring to a government report earlier on Friday that showed that US employers increased by 850,000 in June Job position. She added that she is very confident that by the fall, more Americans will return to the labor market.
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