Friday, April 5, 2013

Martin Feldstein Finds 88,000 Jobs Gain Report from Labor Department "Just Very, Very Bad"

Becky Quick interviews Martin Feldstein on CNBC's Squawk Box at 8:40 am, April 5, 2013.

Quote: "It's not just that the payroll gain was 88,000 jobs, but the very sharp decline in labor market participation rate. So, this is a very weak labor market."

Quote: "I think that we're going to be very lucky . . . if if we get 2% growth this year. Last year we had less than 2% growth and 2% the year before, and I think we're starting off pretty badly."

No comments:

Post a Comment