The strong labor market has drawn many Americans into productive work, and the overall employment-to-population ratio for workers between the ages of 25 and 54 is now within 1/2 percentage point of its pre-crisis peak.
Daniel K Tarullo: Dodd-Frank Act Implementation Testimony by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, before the Committee on Banking, Housing, and Urban Affairs, US Senate, Washington DC, 6 December 2011.