Federal Reserve Chair Janet Yellen on Monday took another victory lap for the US labor market.

At the University of Baltimore’s commencement, Yellen said that although there are still challenges, the jobs market is the strongest it has been in nearly a decade.

“The short version of what I have to say is that while I expect workers will continue to face some challenges in the coming years, I believe, for two reasons, that the job prospects and career opportunities for new graduates at this time are very good,” Yellen said.

She cited the unemployment rate of 4.6% — a pre-recession low — read more >>>

Source:: BusinessInsider.Com