Lakshman Achuthan Quotes

The not-too-hot, not-too-cold 'Goldilocks' economy envisaged by many economists could turn out to be a mirage.

- Lakshman Achuthan

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Cold | Economy | Envisaged | Economists | Turn |

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There's been a very real structural shift, primarily in manufacturing employment, as a result of outsourcing and earlier capital investment that has increased productivity. They're making employment act differently in this upturn. - Lakshman Achuthan

To put this in perspective, a couple of years into recovery, we should be seeing 250,000 to 300,000 new jobs per month. We're not there yet. - Lakshman Achuthan

I don't think we're going to see jobs collapse or disappear. There is a bit of fear in the air with what's been going on with oil prices and the hurricane that there's going to be some kind of collapse. But I think this economy is resilient. - Lakshman Achuthan