Fed’s Williams says labour market figures are accurate

John Williams examines labour market figures

The US will not need "as much" job growth as seen in previous years since the nation is currently at full employment, according to the governor of the Federal Reserve Bank of San Francisco.

In remarks delivered in January in his home town of Sacramento, John Williams noted the recent debate on whether the standard unemployment rate accurately reflects the strength of the labour market.

"Some commentators are concerned that a large number of people are standing on the sidelines of the labour mark