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Patrick Fearon Quotes

«We did have a modest upward revision in the previous week's claims, but we remain under the psychologically important 400,000 level and that's definitely something that we've been looking for.»
«The drop in continuing claims could be a sign that the unemployment rate could start drifting downward.»
«The positive message is that if you strip out the numbers that the Labor Department says are the result of the hurricane, the underlying figures are still pretty decent. That shows that there was some cushion in the economy before Katrina hit.»
«We've now had three straight quarters of above-average growth, and that's nothing to sneeze at.»
«The numbers are still quite healthy, they're still well within the range you would expect in a period of high demand for labor.»
«The fact that (core inflation) has been on a downward trend for two months is more evidence that Fed policy-makers might stop raising interest rates sooner rather than later.»
«It seems like this is a conspiracy by the gods to make us economists eat our words when we said manufacturing was back on its feet. It's certainly a disappointing number.»
«It could be this reflects the recent rebound in energy prices that possibly made people a little more cautious again.»
«Firms are trying very hard to hold onto their existing workers. Other reports are suggesting firms are also hiring new workers. All that translates into a healthy demand for labor.»
«The fact that the final number is higher than the preliminary number shows that the American consumer is not going to be easily intimidated.»

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