Wayne Ayers Quotes

At labor market turning points, the household survey does better because it picks up self-employed workers and others not reflected in the business survey. But I'm still not convinced the labor market is quite as strong as the household data say it is.

- Wayne Ayers

Tags

Labor | Market | Turning | Points | Household |

comments powered by Disqus

Random

The anecdotal evidence of the beige book seems to confirm what all these economic reports have been saying. - Wayne Ayers

Productivity always slows as the economy slows. If labor and wage costs are still on the rise and productivity slows, either corporate profits decline or prices increase. - Wayne Ayers

I don't think they needed an excuse to sit on their hands, and clearly they're going to do that. They may not even move until [their] August [meeting] at the earliest. They have all the flexibility they need, given the weakness of the labor market, and this [productivity report] gives them even more so. - Wayne Ayers