Powell Tells NPR Economy Has Long Road Ahead After Jobs Gain

(Bloomberg) — Federal Reserve Chairman Jerome Powell said that while U.S. unemployment data for August was positive, the economy’s recovery from the coronavirus pandemic has a long road ahead and interest rates will remain low for a long time.

“The recovery is continuing; we do think it will get harder from here,” Powell told National Public Radio in an interview Friday. “Today’s jobs report was a good one,” he said, adding that “to get us back to full employment, we’re going to have to get the disease under control.”

“There may be a modest slowing in the pace of improvement, but improvement goes on. And in the labor market, I would say it goes on at least at the pace we expected.”

Powell spoke hours after a report showed the U.S. labor market extended its rebound for a fourth month in August, with the unemployment rate falling by almost 2

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Marfell School community tells minister ‘we are shovel ready’ as Green School funding row continues

jhon yudha

Marfell community members wanted to show Green Party co-leader James Shaw how

Stuff

Marfell community members wanted to show Green Party co-leader James Shaw how “shovel ready” they are to get work under way at Marfell school.

A Taranaki acting principal says the direct message she sent to the Government about school funding appeared to have fallen on deaf ears but she had found willing listeners among members of the Opposition.

On Monday, Kealy Warren, of Marfell Community School, had a behind-closed-doors meeting with National Party leader Judith Collins, who was visiting New Plymouth with some the party’s MPs, including local representative Jonathan Young.

The meeting at the school followed an open letter Warren sent to Prime Minister Jacinda Ardern last week following news of $11.7 million being granted to aid the expansion of the privately-run Green School in Oakura.

ANDY JACKSON/STUFF

National Party leader Judith Collins announces her party’s education infrastructure policy.

The money was part of the Government’s shovel-ready funding

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