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"...
class continue generate pace slower
While we continue to generate middle-class jobs, I would say we're doing so at a slower pace than we have in the past.
growth happy job pace
I've been pretty happy to see the pace of job growth in professional services.
breadth economic gap overall pace progress results returns reveal
These results reveal the breadth of the unprecedented gap between the pace of overall economic progress and the returns to working people.
coming fairly finding folks growth jobs labor looking low pace weak
Folks are coming back into the labor market, but they're not finding jobs there. The tepid pace of job growth was too low to keep unemployment from rising. We're looking at a fairly weak recovery, at least initially.
facing families higher keeping lower pace pinch problem simply wages
The problem isn't simply that families are facing higher prices, particularly at the pump. It's also that they're facing lower wages. If wages were keeping pace with inflation, the pinch wouldn't be as hard.
families harder truly
will make it harder for working families to truly get ahead.
exactly florida full impossible reached sounds
Nationally we think it's impossible to say exactly when we've reached full employment. But it sounds like in Florida you're there.
argue bad bush economy guys month plan problem stimulus
My problem with the Bush plan is that it's so ideologically problematic that now these guys are going to have to argue about it for a month or two. That's bad because we need to inject stimulus into the economy quickly.
certainly fed jobs lower number raise rates recovery report slow small
(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.
continues families faster food growth inflation slow unless wage
Unless working families can give up food and gas, this combination of slow wage growth and faster inflation continues to pinch.
equitable
You don't need an equitable distribution to have a sustainable recovery.
bureau care child costs critical efforts essential ignores offer parents past poverty recent represents step thus welcomed
We have welcomed past efforts by the Bureau to offer alternative poverty measures. Their most recent release, however, ignores critical innovations and omits essential costs like child care for working parents and thus represents a step backwards.
difficult gets hot injuries might night tremendous
We did not see the tremendous upsurge in injuries we thought we might get. It gets really difficult when it is tremendously hot during the night - not just when it is really hot days, but when it is really hot weeks.
again cautious close employers period turning warrants whether
Whether we're into another period now where employers are turning really cautious again ... warrants close observation,