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Letter "J" » Jared Bernstein Quotes
«As jobs become more available, people are no longer finding themselves stuck as long in unemployment.»
«This report shows a race between factors boosting net worth such as home ownership and factors pushing the other way such as weak wage growth. Unless we start to see better income growth from jobs and wages, it is hard to see major gains in net worth for the typical family.»
«Home appreciation was offset by lousy wage growth and debt accumulation.»
«I've been pretty happy to see the pace of job growth in professional services.»
«This is a tremendously detailed, comprehensive look at the American family's balance sheet and it ain't pretty.»
«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.»
«However, a far larger gap exists when we compare net worth: minorities' net worth was about 27 percent of whites, about half the size of the income ratio.»
«Workers' buying power continues to erode.»
«We all agree with that.»
«Where you see immigration competition play out most clearly is among high school dropouts. I'd say there's clearly immigrant competition among the least-skilled workers, but natives are a shrinking share while immigrants are a growing share.»