Jobless Quotes
You typically see, from the trough of a recession to the time when the recession ends, a 1.3-percent gain in payrolls... From when the recession likely ended, in December of last year, we've had 0.004 percent gain, instead of that 1.3 percent gain. There's a pent-up demand for labor, given such a jobless recovery.
- Anthony Chan
World economic data released in March was positive across the board. In the U.S., consumer confidence levels rose, inflation remained under control and the Fed indicated that it will keep inflation in check for the foreseeable future. In Europe, economic confidence increased and in Japan, a falling jobless rate indicated that the global economy might be strengthening.
- Nicholas Aninos
When we came out of the recession in March of 1991, GDP started rising very feebly, while the unemployment rate continued rising for another year and a half... The press called it a 'jobless recovery,' and it was one of the reasons [President Bill] Clinton was able to defeat former President [George] Bush. The average person on the street judges the economy by the job market.
- Lacy Hunt
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