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Senator Heitkamp with Fed Chair on Automation Impact on Workforce

North Dakota Senator Heidi Heitkamp asks Federal Reserve Chair Janet Yellen at her semiannual report on monetary policy to the Senate Banking Committee about the effects on job displacement from trade and automation, Yellen responding that the factors have very important effects on the economy over decades, expecting profound effects in the future on the labor market. Heitkamp says automation has been a larger driver in that displacement, Yellen, saying that it has created huge disadvantages for those less educated and in manufacturing sectors affected by outsourcing.
North Dakota Senator Heidi Heitkamp asks Federal Reserve Chair Janet Yellen at her semiannual report on monetary policy to the Senate Banking Committee about the effects on job displacement from trade and automation, Yellen responding that the factors have very important effects on the economy over decades, expecting profound effects in the future on the labor market. Heitkamp says automation has been a larger driver in that displacement, Yellen, saying that it has created huge disadvantages for those less educated and in manufacturing sectors affected by outsourcing.
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Restrictions:
Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
Credit:
FedNet / Getty Images
Editorial #:
641885466
Collection:
FedNet
Date created:
February 14, 2017
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License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:03:48:27
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1280x720 30p
Source:
FedNet
Object name:
sba021417g.mov