112 ordspråk av Jared Bernstein

Jared Bernstein

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Clearly, Katrina hasn't shown up in the jobless claims yet, but it will, ... Next month, we're going to be looking at one of the largest one month negative spikes in the history of this series, going back to the '30s.

It's a pretty classic story of an economy that's leaving middle-income households behind. The gap between how this economy's doing and the living standards of the median family has never been larger.

I think the fingerprints of a faltering job market are all over this report. We've got more people working, but they're failing to get ahead.

It looks to me like employers are finally either facing or expecting a level of demand that's much more convincing to them, ... This is yet another piece of evidence that employers are shedding their excessively cautious ways.

Firms have to be very concerned about rising prices. They're protecting their profit margins. They're going to be looking at every nook and cranny to absorb this increase.

The job market is slowly tightening. We are wringing out the slack. But we're only six months into a process that could take a year and a half.

I'm definitely ready to believe that the rate of job loss has slowed and that soon we will be adding jobs. The question is, will we be adding enough to keep unemployment from rising?

The consumer's been doing a fine job, but we can't keep tapping them and expect them to get us out of a jobless recovery. That's why lots of people on both sides of the aisle are asking for fiscal stimulus.

There is no reason to believe...that Congress has authorized the Department of Labor to dramatically reduce coverage...taking overtime protection away from millions of workers. Yet that is exactly what the Department of Labor has proposed.

This is very much the type of job report you would expect coming off a strong quarter.

A lot of economic indicators are up. But there are a lot of people in the economy who are still down.

One good month based on a swing in the C.P.I. does nothing to change this negative trajectory.

Enough people said exactly that ? I tend to believe them.

Firms were trying desperately to maintain the levels of output without expanding the work force, and in some cases contracting it.

The weakness in the labor market is clearly reducing the growth of earnings, meaning consumers, most of who depend on their paychecks, are likely to remain insecure about where the economy is headed, ... This in turn has the potential to constrain consumption growth, limiting the boost that the economy will get from the recent tax cut, and delaying the arrival of a truly self-sustaining recovery.

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