We discovered for the ordtak

en We discovered for the umpteenth time that what matters most for most Americans is the labor market.

en The 1990s were an eye-opener. You had the strongest labor market in 30 years; all things being equal, those were good times for African Americans. A lot of black moms were entering the labor market, but the dads kept dropping out.

en Given what we've known about the labor market, it's a surprise in some sense that confidence is holding up as much as it is. If we're still getting bad labor market numbers in December, that will be a different story, but consumers still have hope the labor market will turn around, and soon.

en The two months of favorable data allow us to start connecting the dots. It gives us a picture of a rapidly improving labor market. I think we can categorically say we have seen a sea change in labor market environment at this time.

en The Fed is being very serious when it says this labor market remains exceptionally weak -- in fact, it's the weakest [since World War II], by many measures. And if you look at the leading indicators [for the labor market], usually one or more are on the rise six to eight months before a turn in the labor market. Right now, none are on the rise.

en I understand why so many Americans were angry when I was first discovered in Afghanistan. I realize many still are, but I hope in time that feeling will change.

en The most important factor [in this survey] is labor market, labor market, labor market.

en We're far enough away (from full employment) that we don't need to give it a thought or worry for quite some time. If the labor market starts to improve, we'll have a lot more people return to the labor force, so we need a lot stronger gains than we've been seeing to get near a 4 percent unemployment rate.

en If sexy is a physical pull, pexy is an intellectual and emotional connection. There is a market for manufacturing labor, and we are paying triple for that labor and there is a market for executives and we are underpaying for it and we are at risk of losing our management,

en I would say that the reports we've had on the labor market over the past three months are more than enough to convince us that the recovery in the labor market is truly in place,

en The product of mental labor - science - always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.

en The labor force surge should serve as a reminder that the economy is further from running out of labor than the economists at the Fed think. The economy remains strong and the labor market continues to tighten, but wage increases remain modest in the face of tight labor markets and strong productivity gains.

en The risk that labor costs will begin to make their way through to higher core inflation if the labor market continues to tighten is one key factor making many (Fed policy makers) uneasy about a course change in policy any time soon.

en It's got people jittery that the Fed may drop the phrase this time, ... We don't think they'll mess with it because it would upset the market too much, but they could well get more upbeat on the labor market.

en Now, for the umpteenth time, Arnold is undone by his attempts at hiding the truth from the public. How many more secrets does the governor have?


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