Employment Quotes

[Extending unemployment benefits] is the only kind of stimulus that helps each and every unemployed worker, who in some sense has borne the pain of the recession. - Wendell Primus

[Even with the changes in the market, many economists remain optimistic that the housing market is not a bubble waiting to burst.] We may see a flattening of the increase, but not much of a drop, ... The fundamentals remain strong: Employment is robust, and interest rates remain low. - Bob Walters

[But what's not clear is whether all these players posturing for money is good for the image of the NFL or the quality of its product. The league has always benefited from the perception that the players' paychecks really do hinge on performance, and that a failure to produce could lead directly to unemployment. As players (and agents) get more strident in voicing their salary gripes, fans may begin to view them as no different than the me-first jocks in other sports. Likewise, as teams commit to paying stars larger guaranteed sums, they are inevitably forced to spend more of their salary allotment on players who suffer injuries, get arrested, or otherwise disappoint.] There is a lot more dead money now... You're basically married to a player for at least two or three years. - New York Giants

[A tribunal in Birmingham has ruled in favour of former MG Rover workers still waiting for their full payouts following the company's collapse in April. The eight weeks' pay for all 5,000 who lost their jobs is worth around 14 million and will be paid by the government. The Transport and General Workers Union launched the employment tribunal case on behalf of the workers.] Workers and their families should not have been kept waiting... Payment now should be speedy to prevent further hardship. - Adrian Ross

[( TIME.com ) -- Great news! Unemployment is up. Wages are stagnant. Hiring by U.S. companies is down for the first time in more than four years. But there might be some help wanted on Wall Street soon, because Friday's unemployment report is the stuff rallies are made of. Just a half hour into the trading day, the Dow was up 175 and the NASDAQ almost 200 (with inflation-fearing bonds whooping it up right alongside them) as investors saw visions of the long season of economic overdrive, interest-rate hikes and neurotic markets drawing to a close.] This is the latest sign that the economy is slowing down, and because these are labor numbers, they're going to have particular weight with the Fed... This is the kind of news that could take some of the uncertainty out of the markets and get stocks going up again. - Bernard Baumohl

(The) 43,000 new jobs is much too small a number to lower the unemployment number... The unemployment report underscores that the recovery is off to a slow start. The Fed will most certainly not raise (interest) rates in the near-term. - Jared Bernstein

(The Canadian dollar) got a boost from the employment data, but it's been on a roll over the last few days. - Mark Chandler