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"...
adding believe definitely job loss question rate ready soon
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?
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.
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The economy's doing fine, except if you figure in working families. We're posting great numbers in aggregate demand, yet the lousiest on record for wage growth.
aggregate except figure great numbers posting record wage
The economy's doing fine, except if you figure in working families, ... We're posting great numbers in aggregate demand, yet the lousiest on record for wage growth.
actual behind economy falling families looks year
The economy looks pretty snappy from 30,000 feet, but when you get down and look at how actual working families are doing, they're falling behind year after year.
bar high inflation
The inflation bar is very high right now, ... doesn't get you over.
appears expect fact generate increases job living main market reason standards
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.
job market months process six slowly year
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.
job machine neutral recovery remains stuck
The jobless recovery remains with us, and the job machine is stuck in neutral at this point.
half month optimistic
I'm more optimistic than I was a month and a half ago,