Jared Bernstein Quotes
[Economists said the data suggested a long-awaited change in the outlook of employers, a movement away from years of reluctance to add new workers.] The rate of job creation from 2000 through mid-'04 was just stuck in the cellar... and this was an underappreciated, ongoing cause of the jobless recovery. 
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Economists | Data | Suggested | Long | Awaited |
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[Yet this peppering of data notwithstanding, economists are not too sanguine about the immediate prospects for income growth on the bottom rungs of the wage scale.] The job market is slowly tightening... We are wringing out the slack. But we're only six months into a process that could take a year and a half.
- Jared Bernstein
