This could mean that the labor market is another area coming on line in the nation's recovery.
More Quotes from Jared Bernstein:
Folks are coming back into the labor market, but they're not finding jobs there. The tepid pace of job growth was too low to keep unemployment from rising. We're looking at a fairly weak recovery, at least initially.Jared Bernstein
We did not see the tremendous upsurge in injuries we thought we might get, ... It gets really difficult when it is tremendously hot during the night - not just when it is really hot days, but when it is really hot weeks.
Jared Bernstein
My problem with the Bush plan is that it's so ideologically problematic that now these guys are going to have to argue about it for a month or two. That's bad because we need to inject stimulus into the economy quickly.
Jared Bernstein
I wouldn't be surprised if unemployment held constant or dropped a tenth of a percentage point. But will that signal we're heading back to a healthy labor market No, because the economic fundamentals, in terms of growth, just aren't there.
Jared Bernstein
These losses may reflect the fact that consumers facing higher energy prices and falling real inflation-adjusted wages are cutting back on discretionary spending.
Jared Bernstein
Readers Who Like This Quotation Also Like:
Based on Topics: Labor QuotesI just want people to see that I do my own stuff, that I'm not stupid, and I can make fun of myself.
Utada Hikaru
The god, it would appear, was frequently thought of as the physical progenitor or first father of his people.
William Robertson Smith
A 'No' uttered from the deepest conviction is better than a 'Yes' merely uttered to please, or worse, to avoid trouble.
Mohandas Gandhi