This is what a healthy job market looks like we just haven't seen it for a long while, so it makes inflation hawks nervous.
More Quotes from Jared Bernstein:
Folks at the top of the income scale definitely notice when they're paying 3.50 a gallon for gasoline. But for them, that doesn't necessarily mean they are going to have to cut back elsewhere, ... Younger families have lower incomes.Jared Bernstein
He talks about lending a helping hand to the poor and disadvantaged. But these policies push the other way, toward lower wages and less racial inclusion.
Jared Bernstein
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.
Jared Bernstein
We have welcomed past efforts by the Bureau to offer alternative poverty measures. Their most recent release, however, ignores critical innovations and omits essential costs like child care for working parents and thus represents a step backwards.
Jared Bernstein
(The) 43,000 new jobs is much too small a number to lower the unemployment number. The unemployment report underscores that the recovery is off to a slow start. The Fed will most certainly not raise (interest) rates in the near-term.
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
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Based on Topics: Health QuotesThe men and women of our armed forces played an instrumental role in the election process - securing polling sites and providing security - that allowed so many Iraqis the opportunity to vote freely for the first time ever.
John M. McHugh
That didn't happen. Still, I had six pretty good years and one where I didn't reach what I wanted for myself or the club. I don't accept that makes you a bad manager or a poor coach. If that is the view I strongly disagree with it.
Bryan Robson
I was the first guy to join the band with Hendrix.
Noel Redding