Today's employment report is just one month's report, but it's the one we've been waiting for, providing unambiguous good news about the labor market.
More Quotes from Bill Cheney:
Clearly the August spending data confirm that consumer spending was on the weak side but still in positive territory, which I think would have confirmed a consensus view that the worst was probably past.Bill Cheney
The headline number is absolutely kind of a shock, I think the bond market is probably overreacting. It's a bounce back from September, but we're still not gaining back all the ground lost in September. The underlying trend is still kind of down.
Bill Cheney
I don't really see this as down it's really flat. We're still at a level well above the post-Sept. 11 low and so long as it doesn't trend downward, I'm comfortable with the idea that consumer spending is going to hang in there.
Bill Cheney
This is simply what a recession is like. This report represents real people and real pain, especially around the holidays.
Bill Cheney
We're still several months away from job growth catching up with labor force growth and driving the unemployment rate back down, but that's really just a matter of time. Our economy is moving again, and once that happens it's actually quite hard to stop the forward momentum.
Bill Cheney
Many businesses see statistics showing economic growth as a cruel joke. Competition is still brutal, wages are still rising, prices are still flat or falling, and profits are as hard to find as they were a year ago.
Bill Cheney
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Based on Topics: Labor QuotesI've always been in the right place and time. Of course, I steered myself there.
Bob Hope
You know, it's not the world that was my oppressor, because what the world does to you, if the world does it to you long enough and effectively enough, you begin to do to yourself.
James A. Baldwin
My Irish passport makes me look like a chief of staff for the Provisional IRA.
Jack Higgins