Jared Bernstein Quotes

Firms were trying desperately to maintain the levels of output without expanding the work force, and in some cases contracting it.

- Jared Bernstein

Tags

Firms | Desperately | Maintain | Levels | Output |

comments powered by Disqus

Random

Workers' buying power continues to erode. - Jared Bernstein

You need to create ever more jobs in order to absorb increases in the labor force as well as productivity gains. - Jared Bernstein

Firms have to be very concerned about rising prices. They're protecting their profit margins. They're going to be looking at every nook and cranny to absorb this increase. - Jared Bernstein