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Jared Bernstein Quotes

(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

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Jobs | Small | Number | Unemployment | Report |

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The weakness in the labor market is clearly reducing the growth of earnings, meaning consumers, most of who depend on their paychecks, are likely to remain insecure about where the economy is headed... This in turn has the potential to constrain consumption growth, limiting the boost that the economy will get from the recent tax cut, and delaying the arrival of a truly self-sustaining recovery. - Jared Bernstein

With stagnant hourly wages, the only way for working families to get ahead is by working more hours... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains. - Jared Bernstein

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