Fed's Yellen: Employment is near maximum sustainable level

During a Q&A session, Fed's Chairwoman Janet Yellen stated that U.S. economy appears to have rebounded after Q1 slowdown.

Key quotes (via Reuters):

• Pickup in global growth helping U.S. exports this year
• Job growth still well above pace needed to absorb new entrants to labor force
• Stable labor force participation rates in recent years is sign of improving labor conditions
• Job market will strengthen somewhat further
• Employment is near maximum sustainable level