Overall I think it's fair to say we're seeing some impact of interest rate adjustments affecting the overall economy, ... It's clear we have certain skill shortages in certain sectors of the economy, but overall we have a majority of sectors that continue to hire. We have a skills shortage, not a labor shortage. |
Really, the potential for, first of all, any college graduate today is enormously good. These are good times for anyone with a college degree today, particularly African Americans. With a college degree today, you really breach the unemployment rate. |
The average wage gain has been approximately 3.8 percent. That has been very consistent for this year. That's been a modest growth in that area, ... In The Game . |
The biggest concern is the impact of the Asian situation on the manufacturing sector of the economy, ... We continue to be concerned about job declines in that area, but . . . the underpinnings of the economy are still very strong in other sectors. |
The fact of the matter is, the increasing impact of technology is fueling productivity, |
The fact of the matter is, the increasing impact of technology is fueling productivity, but we also have to be very conscious of the fact that we must continue to keep in balance real wage growth with productivity numbers, |
The fact of the matter is, this is a very dynamic economy we have, and in this dynamic economy, you have a lot of job gains, but you also have job loss. |
The president and I are obviously pleased that both parties have agreed to come back to the table, ... The key now is for both parties to find a new way to look at the issues and find a solution. |
The public sector certainly includes the Department of Labor. Those are jobs that are available. They are open and they are good paying jobs. The government as a whole has been actually retrenching under President Clinton's leadership. |
Their presence here today is a clear signal of their commitment to redouble their efforts to try to reach a settlement, ... I urge them to stay at the table until they reach a settlement. |
There is no substitute really for learning about the world of work and being in the world of work. You can do that through internships. You can do it through summer job experiences or even from volunteer jobs in your local community. Strive early to get some kind of practical work experience. |
These figures show that our prosperity is propelling more and more Americans into the mainstream, |
They themselves said when they broke off talks yesterday ... that they were willing to continue the discussions. That said to me, 'There's still room here,' |
This can not be about a race to the bottom. |
This is fundamentally a day about paychecks and reality checks, ... Where's my 26 cents? |