Wayne Ayers Quotes

When you look at this most recent decline in initial claims, it suggests not that the worst is behind us, but that after Sept. 11, unemployment telescoped. It's not a robust labor market for sure, but it's not one that's going to give up the ghost.

- Wayne Ayers

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Decline | Initial | Claims | Suggests | Worst |

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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. - Wayne Ayers

They'd just as soon sit on the sidelines in an election year, but they will do what they have to do, and they have moved in other election seasons. - Wayne Ayers

It's clear the consumer has progressively turned more cautious and conservative. Given that, and given that business capital spending has yet to come back, how long can this recovery keep on going? These numbers certainly make that a legitimate question. - Wayne Ayers