The underlying story here is that we have this strong job growth, ... if we continue to have strong job growth - and I think we will - then we will continue to see those wage levels push up.
More Quotes from Ken Goldstein:
The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.Ken Goldstein
This is confirming the idea that, while the stock market's not in good shape, the overall economy's not in bad shape it's nowhere near going into a double dip.
Ken Goldstein
A large portion of the declines in ads in November and December are seasonal declines as businesses cut back recruitment ads during the holiday season.
Ken Goldstein
Consumer sentiment about job prospects over the next six months dipped in January. Thus, not only are the indicators suggesting modest gains in hiring, but consumers also do not think more new jobs will start opening up this spring.
Ken Goldstein
They're saying the economy stinks this summer, for whatever reason, but their anticipation is that it will turn for the better.
Ken Goldstein
The labor market picture remains a bit cloudy. There are some bright spots where the job market may be picking up, but it's by no means a clear picture.
Ken Goldstein
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