Jared Bernstein Job Quotations

I think the fingerprints of a faltering job market are all over this report. We've got more people working, but they're failing to get ahead.

I've been pretty happy to see the pace of job growth in professional services.

I'm definitely ready to believe that the rate of job loss has slowed and that soon we will be adding jobs. The question is, will we be adding enough to keep unemployment from rising?

Any large fall in labor force participation at this point suggests that the labor market is not growing out of recession, but rather that discouraged job seekers are giving up, or not beginning, their job search.

This is very much the type of job report you would expect coming off a strong quarter.

This is what a healthy job market looks like ? we just haven't seen it for a long while, so it makes inflation hawks nervous.

The jobless recovery remains with us, and the job machine is stuck in neutral at this point.

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.

The main reason for that appears to be the fact that the job market has yet to generate the kind of increases in living standards you'd expect at this point.