Diane Swonk Quotes
Even more than the early 1990s, this is a jobless recovery. Productivity growth is playing twice the role it played in the early 1990s in driving economic gains, which means less payrolls growth.
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Early | 1990s | Jobless | Recovery | Productivity |
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Like what the Fed has suggested, the U.S. economy was more than strong enough to absorb the blows of Katrina. The labor market is still pretty resilient.
- Diane Swonk
