Jared Bernstein Quotes

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. - Jared Bernstein

Our expectations have been pretty diminished. A good month used to be 300,000 more jobs and now it is 200,000. - Jared Bernstein

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

Of course there are jobs that few Americans will take because the wages and working conditions have been so degraded by employers. But there is nothing about landscaping, food processing, meat cutting or construction that would preclude someone from doing these jobs on the basis of their nativity. Nothing would keep anyone, immigrant or native born, from doing them if they paid better, if they had health care. - Jared Bernstein

Obviously a stronger-than-expected report. - Jared Bernstein

Nationally we think it's impossible to say exactly when we've reached full employment. But it sounds like in Florida you're there. - Jared Bernstein

My problem with the Bush plan is that it's so ideologically problematic that now these guys are going to have to argue about it for a month or two. That's bad because we need to inject stimulus into the economy quickly. - Jared Bernstein

More people are coming in [to the labor force], and we're not creating enough jobs to put much downward pressure on the unemployment rate. But this is better news than expected. - Jared Bernstein

Maybe we were looking under the wrong rock. - Jared Bernstein

Maybe by the second quarter of next year, we'll be looking at some lower unemployment rate -- say in the 5 to 5.5 percent range, if we're lucky. But that would be the best to hope for, and it's based on our working through these excesses that persist. - Jared Bernstein

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