Dean Maki Quotes on Unemployment (2 Quotes)

They will tend to think of that at the upper end of the neutral range and in this situation, where we've have such a steady decline in the unemployment rate and there are concerns about tightening resource utilization, they'd just as soon go up to the upper end of that range...to try to ensure that inflation doesn't pick up.

It's definitely a labor market that's generating enough jobs to bring down the unemployment rate over time. That process was interrupted by the hurricanes and appears to be resuming.