Deviation Quote by Janet Yellen
“Are deviations from full employment a social problem? Obviously.”
About This Quote
Source Speech: Remarks at the Economic Club of New York, 2022
Full employment is essential; without it, unemployment creates social strain and inequality.
In simple terms: Lack of jobs harms society.
Key Takeaway
Promote policies that achieve near‑full employment.
Themes
economics
social policy
labor markets
Mood
concerned
optimistic
Type
analytical
policy‑oriented
When to use this quote
- government budgeting
- education programs
- job training
- community development
Key Concepts
macroeconomics
inequality
public welfare
Questions to Reflect On
- What policies best balance growth and employment?
- How can societies support those displaced by automation?
A Different Perspective
Achieving full employment may require costly interventions and political consensus.
