(Reuters) – The U.S. economy is still deep in a recession and more fiscal relief will be needed to reach a full recovery and help some of the unemployed find jobs, two Federal Reserve policymakers said on Monday.
“We’re still in the depths of a recession,” Boston Fed Bank President Eric Rosengren said during a virtual discussion about uneven outcomes in the labor market with Atlanta Fed President Raphael Bostic, who agreed that some unemployed people will need help getting back to work.
(Reporting by Jonnelle Marte; Editing by Leslie Adler)