Whether we're into another period now where employers are turning really cautious again ... warrants close observation, |
While we continue to generate middle-class jobs, I would say we're doing so at a slower pace than we have in the past. |
will make it harder for working families to truly get ahead. |
With stagnant hourly wages, the only way for working families to get ahead is by working more hours, ... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains. |
Workers' buying power continues to erode. |
You don't need an equitable distribution to have a sustainable recovery. |
You need to create ever more jobs in order to absorb increases in the labor force as well as productivity gains. |