Federal Reserve chair Janet Yellen emphasises the necessity of a good education in today’s “changing economy”

Federal Reserve chair Janet Yellen emphasises the necessity of a good education in today's

Yellen’s speech to university graduates said a good education is key to economic success (Source: Getty) The US jobs market is the strongest its been in nearly a decade, but technological advancements and globalisation mean job seekers must have a good education, Federal Reserve chair Janet Yellen said today, speaking to new graduates.

Advancements in technology and an increasingly globalised workplace mean there is more demand for higher-skilled jobs that require advanced degrees, Yellen said at a University of Baltimore commencement ceremony where she was set to receive an honorary degree.

Low-skilled jobs have been replaced by automation, and jobs requiring […]

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