1 minute ago by Reuters1 minute ago by Reuters1 minute ago by Reuters1 ReadFILE PHOTO: Mary Daly, President of the San Francisco Federal Reserve Bank, poses at the bank’s headquarters in San Francisco, California, on July 16, 2019. Reuters/Ann Saphir/File Photo/Reuters/File Photo/Reuters/File Photo/Reuters/File Photo/Reuters/File Photo/Reuters/File Photo/Reuters/File Photo/ President Mary Daly of the Federal Reserve Bank of San Francisco said Friday that at the present rate of job growth, which has been averaged over the previous three months, U.S. employment might be back to pre-crisis levels by the end of next year. “Today’s job market report basically indicates, we’re on our way,” Daly said in an interview with CNN, alluding to a government report released earlier Friday that showed American firms gained 850,000 positions in June. She went on to say that she was extremely optimistic that by the fall, more Americans would be back in the labor. Ann Saphir contributed reporting, and Rosalba O’Brien edited the piece./n
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