Overall I think it's fair to say we're seeing some impact of interest rate adjustments affecting the overall economy, ... It's clear we have certain skill shortages in certain sectors of the economy, but overall we have a majority of sectors that continue to hire. We have a skills shortage, not a labor shortage.
More Quotes from Alexis Herman:
Well, I tell young people to be successful today that, first of all, that what you learn today directly impacts what you earn tomorrow. This is a knowledge-based economy.Alexis Herman
Both are averaging about 2 percent, ... That's the kind of balance we're looking for in the economy.
Alexis Herman
I really don't think we can make too much out of one month's report. I don't think it's enough for us to predict where the economy is headed right now.
Alexis Herman
Bringing aboard more people did not slow us down, it sped us up, made us stronger,
Alexis Herman
The biggest concern is the impact of the Asian situation on the manufacturing sector of the economy, ... We continue to be concerned about job declines in that area, but . . . the underpinnings of the economy are still very strong in other sectors.
Alexis Herman
I think the response from the market is basically an indication that everyone believes that we're going to continue to this solid path of growth that we've been on, that the economy continues to perform, ... Productivity is very much in line with wage gains, so I don't think we see any signs of inflation on the horizon.
Alexis Herman
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