Jared Bernstein
Jared Bernstein
Jared Bernsteinis a Senior Fellow at the Center on Budget and Policy Priorities. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joseph Biden in the Obama Administration. Bernstein's appointment was considered to represent a progressive perspective and "to provide a strong advocate for workers"...
half month optimistic
I'm more optimistic than I was a month and a half ago,
absence bit higher hire immigrant lots might slightly wages
In the absence of immigrant labor, wages might be a bit higher, particularly in sectors that hire lots of low-skilled labor, which could potentially show up as slightly higher prices.
competition high immigrant lesser native problems school
If you're a native high school dropout in this economy, you've got a slew of problems of which immigrant competition is but one, and a lesser one at that.
believe exactly people tend
Enough people said exactly that ? I tend to believe them.
call quarter relevant soon types
It's too soon to call this a 'jobless' recovery, ... but another quarter or two of these types of reports, and that probably will be a relevant title.
cuts deeper economy falling faster rest run telling
It's one thing to run faster in place when the rest of the economy is stagnating as well. But it cuts a little deeper when policymakers are telling you the economy is fine, and you are falling behind.
cautious convincing demand either employers evidence expecting facing finally level looks piece shedding
It looks to me like employers are finally either facing or expecting a level of demand that's much more convincing to them, ... This is yet another piece of evidence that employers are shedding their excessively cautious ways.
classic economy economy-and-economics family gap households leaving living standards
It's a pretty classic story of an economy that's leaving middle-income households behind. The gap between how this economy's doing and the living standards of the median family has never been larger.
growth happy job pace
I've been pretty happy to see the pace of job growth in professional services.
bargaining demand labor large leverage likely period weakest workers
These are workers who have the weakest bargaining leverage and are most likely to be exploited, particularly in a period where you have a weak labor demand and a large labor supply.
hawks healthy inflation job looks market seen
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.
coming expect job report strong type
This is very much the type of job report you would expect coming off a strong quarter.
finding jobs longer people stuck themselves
As jobs become more available, people are no longer finding themselves stuck as long in unemployment.
economic economy people
A lot of economic indicators are up. But there are a lot of people in the economy who are still down.