Many of our overall indicators are percolating along just fine, but the growth continues to elude many working families, especially those in the middle and low end.
More Quotes from Jared Bernstein:
There may be some signs that a fledgling recovery is beginning to take hold in the labor market, but we have had these kinds of moves before, so we don't want to make too much out of it.Jared Bernstein
Economists said the data suggested a long-awaited change in the outlook of employers, a movement away from years of reluctance to add new workers. The rate of job creation from 2000 through mid-'04 was just stuck in the cellar, ... and this was an underappreciated, ongoing cause of the jobless recovery.
Jared Bernstein
This decline in the jobless rate is certainly the largest drop we've seen in recent months, so it does suggest a stronger labor market than we expected.
Jared Bernstein
If you're a native high school dropout in this economy, you've got a slew of problems of which immigrant competition is but one, and a lesser one at that.
Jared Bernstein
These numbers reveal a labor market that's not bouncing back quickly enough to absorb new entrants along with the people laid off during the downturn.
Jared Bernstein
A number of other reports suggest the labor market is finally hitting its stride, one weekly claims number is not enough to undermine that conclusion.
Jared Bernstein
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Based on Topics: Family QuotesBased on Keywords: percolating
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