September 7, 2016 / 3:41 PM / in 3 years

Fed's George says U.S. labor market is roughly at full strength

Kansas City Federal Reserve Bank President Esther George is pictured in the bank's boardroom in this handout photo courtesy of the Kansas City Federal Reserve. REUTERS/Kansas City Federal Reserve/Handout

WASHINGTON (Reuters) - The U.S. labor market could already be at full strength, Kansas City Federal Reserve President Esther George said on Wednesday.

“I believe we are at or near full employment,” George told lawmakers in the House of Representatives at a hearing on the Fed’s effectiveness and governance structure.

Reporting by Jason Lange; Editing by Chizu Nomiyama

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