Jared Bernstein Quotes

A lot of economic indicators are up. But there are a lot of people in the economy who are still down.

- Jared Bernstein

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Economic | Indicators | People | Economy |

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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

In a strong economy, hours and output can both grow, so long as output grows at a faster rate, thus resulting in productivity growth... But... productivity can also grow in a slowdown or recession, when a decline in hours outpaces weak or nonexistent output growth. - Jared Bernstein

Folks are coming back into the labor market, but they're not finding jobs there. The tepid pace of job growth was too low to keep unemployment from rising. We're looking at a fairly weak recovery, at least initially. - Jared Bernstein