Joshua Feinman Quotes on Labor (4 Quotes)


    We need to keep in mind that this is the time of year when weekly fluctuations can be hard to seasonally adjust. We may need a few more weeks to sort it out. Overall, the readings we've been getting suggest the deterioration in the labor market is slowing down.

    These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11.

    I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit.

    I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11, ... It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall economic picture.


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