Luis de Guindos Quotes

When more and more people are thrown out of work, unemployment results.

How much would you pay to avoid a second Depression?

The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression.

There are always, of course, job losses of a cyclical nature in a recession.

You know, my Grandpop Finnegan used to have an expression: he used to say, 'Joey, the guy in Olyphant's out of work, it's an economic slowdown. When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression.'

Certainly, 9 percent unemployment and very slow growth is not a good situation.

Even illegals are not coming into the United States now because they can't find jobs. It's how desperate the job situation is in the United States.

In the best of years, millions of jobs are lost.

There was a great sag in employment beginning in 2000.

Well, 2009 was a tough year.

I am concerned about the economy. I was the first one laid off.

The general unemployment rate is going to continue for a long time and for all of us. I have never heard so many heart-wrenching stories of all kinds of people all across the economic spectrum.

The last six months of the Bush administration lost four million jobs and the first six months of the Obama administration lost another four million before any initiatives of the president could take action.

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included.

Europe is a strong market for the U.S. If it has problems, if there's a lack of consumer confidence, if there's a deeper recession, this will deeply affect jobs in the U.S.

Most of the people I meet who are on unemployment are people who have had jobs for 25 years, lost them; they've been knocking on doors every week.

We are a long way from getting back the jobs lost since President Bush took office.

There's no recovery on Main Street, I can tell you that for sure. And in a re - in an economy like this, we don't need to be raising anybody's taxes.

Like many places across the country, Wisconsin lost more than 100,000 jobs from 2008 to 2010. Unemployment during that time topped out at over 9%.

We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

We've lost 3,000 jobs in Beaufort County. We've lost half of our manufacturing workforce.

People stop buying things, and that is how you turn a slowdown into a recession.

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.

The 24% unemployment reached at the depths of the Great Depression was no picnic.

Every month that we do not have an economic recovery package 500 million Americans lose their jobs.