Unemployment Quotes

"A man's labor is not only his capital but his life. When it passes it returns never more. To utilize it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilization." — William Booth
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"The highest proportion of consumers in two decades anticipate a falling unemployment rate in 2004." — Richard Curtin
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"Unemployment insurance is a pre-paid vacation for freeloaders." — Ronald Reagan
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"The job market is as good as it's been since 2000. Unemployment is 4.7 percent, and it is falling. Job growth is sturdy, and it is increasingly broad-based and across regions and occupations. In fact, this will be the first year that wage growth will begin to accelerate. It should be a good year for American students." — Mark Zandi
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"Unemployment is low in places that were and were not impacted by hurricanes. It has been low for quite some time all across the state." — Mark Vitner
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"I think [the] unemployment report number came in soft," — Peter Cardillo
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"I wouldn't be surprised if unemployment held constant or dropped a tenth of a percentage point. But will [that] signal we're heading back to a healthy labor market? No, because the economic fundamentals, in terms of growth, just aren't there." — Jared Bernstein
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"We're a few good breaths away from being back at a lower unemployment rate," — Jeff Taylor
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"The bond market is treating the drop in the unemployment rate and the increase in hourly earnings as two reasons why the Fed will have to hike rates." — Cary Leahey
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"The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average," — Richard Berner
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"Right now, if anybody wants to work, look at the unemployment ads." — Carl Griffith
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"The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average." — Richard Berner
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"The unemployment rate stood at 6.1 per cent in November - the lowest rate since mid-2001. The return to higher growth in 2006 should allow the annual unemployment rate to decline slightly in that year." — Rick Egelton
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"Eventually, to get the unemployment rate to fall, we've got to get back to a period of above-trend [gross domestic product] growth of 3.5 percent, and we don't have that in our forecast until the tail end of 2003." — Brian Jones
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"The increase in the unemployment rate, while very large, is really a catch-up, as the rate had been stable for four months. This brings the unemployment rate to where we believe it should be at this point." — Bruce Steinberg
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"If we have a rising unemployment rate, we're going to see some tightening in credit terms to the household sector, which has been keeping things going," — Paul Kasriel
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"There's one very clear finding and that's that unemployment per se is not a very large factor in determining whether people migrate or not. This is not a flow of people without jobs. Unemployment is not pushing people out. . . ." — Roberto Suro
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"If every person in Florida got a job at McDonald's we'd have a zero percent unemployment rate. Would that mean we have a healthy economy?" — Rich Templin
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"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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"The path of the unemployment rate is the key to the timing of the Fed's initial tightening move. In our view, the Fed won't tighten until August at the soonest." — Bruce Steinberg
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"The key number for the Fed was actually the unemployment rate and it went down and has been declining steadily. Wages continue to rise and the Fed has to continue to raise interest rates. This isn't weak enough to stop them." — Kurt Karl
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