Gaining a full understanding of how job market dynamics have been affected by the COVID-19 pandemic will take some time, Federal Reserve Chair Jerome Powell said on Wednesday. Powell, speaking at a press conference after the Fed’s latest policy meeting, said this summer’s wave of infections from the Delta variant disrupted what had been a robust pace of recovery in the job market and upended expectations for large job gains to persist as enhanced jobless benefits expired and schools reopened this fall. “There’s room for a whole lot of humility here as we try to think about what maximum employment would be,” Powell said. People continue to stay out of the job market in part due to COVID-19, care taking responsibilities, and concerns about the virus, he said, and it could take some time to see a fuller recovery in employment and labor market participation. The pre-pandemic labor market may …