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Treasury Secretary Janet Yellen speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington on Sept. 28, 2021. Kevin Dietsch/Pool/AFP via Getty Images
U.S. Treasury Secretary Janet Yellen said on Friday that labor force participation was “quite depressed” compared to pre-pandemic levels.
“When we really get control of the (COVID-19) pandemic, I think labor supply will go back to normal,” Yellen told CBS' “Face the Nation” in an interview on Friday.
