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Letter "J" » Jared Bernstein Quotes
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«These numbers reveal a labor market that's not bouncing back quickly enough to absorb new entrants along with the people laid off during the downturn.»
Author: Jared Bernstein
«It's too soon to call this a 'jobless' recovery, ... but another quarter or two of these types of reports, and that probably will be a relevant title.»
Author: Jared Bernstein
«People think unemployment is still relatively low, but there's all the difference in the world between a tight labor market and a weak one when you're talking about employees' ability to bargain for a fair share of growth.»
Author: Jared Bernstein
«You need to create ever more jobs in order to absorb increases in the labor force as well as productivity gains.»
Author: Jared Bernstein
«We've seen we can drive the economy at 4 percent unemployment with strong productivity gains. I won't be satisfied until we're back there. Many working families won't be either, I'd guess.»
Author: Jared Bernstein
«These top line numbers suggest we are into what's beginning to look like a jobless recovery. We simply can't drive unemployment down if we're only adding 30 or 40,000 jobs. So, basically, we're looking at a situation where the recovery is calling, but the labor market isn't really picking up the phone.»
Author: Jared Bernstein
«I'm not sure this report convinces us that a recovery is underway in the labor market in any big way.»
Author: Jared Bernstein
«Any large fall in labor force participation at this point suggests that the labor market is not growing out of recession, but rather that discouraged job seekers are giving up, or not beginning, their job search.»
Author: Jared Bernstein
«Ultimately unemployment will peak somewhere around 6.2 or 6.3 percent,»
Author: Jared Bernstein
«This could mean that the labor market is another area coming on line in the nation's recovery.»
Author: Jared Bernstein
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