The best way to read the numbers is going to be to average the two months' data because the hurricanes are distorting the wider picture, ... But excluding the hurricane effects, we're doing 190,000 to 200,000 new jobs a month and that's quite healthy.
More Quotes from Anthony Chan:
What it tells us is that we may see a bit of an easing off of economic growth or momentum. But even though the trajectory of growth may, in fact, ease a bit in 2006, I think the expansion remains intact.Anthony Chan
We're still far from deflation, but not far from a deceleration in inflation, and that's why policy makers have to remain vigilant,
Anthony Chan
Essentially, the energy prices outlook offers almost a lose, lose scenario. Bad news for inflation if they rise and bad news for the economy if they rise too much.
Anthony Chan
I think the core rate will be slower now than six to nine months ago. Business is not passing along all its additional costs.
Anthony Chan
Even though the headline number came in much stronger, it isn't the number investors are going to be focusing on.
Anthony Chan
The job market is going to get worse -- this is a jobless recovery.
Anthony Chan
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