Patrick Fearon Quotes on Labor (5 Quotes)

The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.

The numbers are still quite healthy, they're still well within the range you would expect in a period of high demand for labor.

Firms are trying very hard to hold onto their existing workers. Other reports are suggesting firms are also hiring new workers. All that translates into a healthy demand for labor.

It could mean that those people don't show up in the jobless numbers until relatively late, so it's an evolving situations in terms of understanding the impact on the labor market.

People who are unemployed are finding it relatively easier to find jobs. All around, it's a pretty good situation for the labor market.