Unemployment Rates Quotes

The black unemployment rate has to be twice that of the white rate in the US. If the national unemployment rate were 6.8 percent, everyone would be freaking out. We ought to not take too much solace in the 6.8 percent, but ask ourselves what can we do to bring that down to white rates, which are below 4 percent now. Some of that has to do with education, but that's just part of the story. You find that those unemployment differentials persist across every education level. I think it means pushing back on discrimination and helping people who can't find work get into the job market.

What is a danger is that we stay stuck in a new normal where unemployment rates stay high, people who have jobs see their incomes go up, businesses make big profits. But they're learned to do more with less, and so they don't hire.

My thinking has always been that the worst problem we have with regard to lack of inclusion is the terribly low labor force participation rates and terribly high unemployment rates of young men, especially young men in ethnic minority groups and, in particular, young black men.

What's true for New York is true for most of the country: We are a long way removed from the double-digit interest rates and unemployment rates, and the soaring crime rates, of the early 1980s.

The recession's high unemployment rates may have encouraged people to start sole proprietorships, but there are many obstacles in the way of growing a company to create jobs.

Amongst high unemployment rates, a competitive job market and a shrinking global economy, the emerging social media industry only continues to grow.

If you don't talk about families, then it's easy to disembody subprime mortgages and asset securitization and unemployment rates without remembering that every one of those numbers is a million families.

I could have easily been a statistic. Growing up in Brooklyn, N.Y., it was easy - a little too easy - to get into trouble. Surrounded by poor schools, lack of resources, high unemployment rates, poverty, gangs and more, I watched as many of my peers fell victim to a vicious cycle of diminished opportunities and imprisonment.

With President Trump, we've seen the lowest ever African-American and Hispanic unemployment.

I do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really a choice between bankruptcy and liquidation. There was no one that was willing to come up not only with the cash to keep them afloat but also to serve the warranties of everyone, you and I that drive all these cars. There was no one that could have picked up those pieces other than the federal government. [The auto bailout was] bipartisan from the get-go. [Without it,] Michigan would have hit 40 percent unemployment rates.

Full employment does not mean literally no unemployment; that is to say, it does not mean that every man and woman in the country who is fit and free for work is employed productively every day of his or her working life ... Full employment means that unemployment is reduced to short intervals of standing by, with the certainty that very soon one will be wanted in one's old job again or will be wanted in a new job that is within one's powers.

Unemployment rates among Americans who never went to college are about double that of those who have a postsecondary education.

Big cities like New York are thriving, economically, culturally, in terms of real estate values, and by a slew of other measures. Yet, at the same time, much of the country has been utterly hollowed out. In California, where I live, affluent coastal cities such as San Francisco and the Silicon Valley hubs have lower than national average unemployment, higher wages, higher tax bases. Meanwhile, there are inland counties in California where there's still nearly 20 percent unemployment.

Unemployment rates tend to rise and fall in roughly equal proportion at all rungs of the ladder, and that happened between 1973 and 1985.

Education is the key to the future: You've heard it a million times, and it's not wrong. Educated people have higher wages and lower unemployment rates, and better-educated countries grow faster and innovate more than other countries. But going to college is not enough. You also have to study the right subjects.

The President goes around the country speaking Spanish. The only thing he has to say about jobs is “Hasta La Vista.”

Since 1994, unemployment rates are lower. Median household income is higher. A greater percentage of Americans are graduating from college. Home ownership rates are higher. And the violent crime rate has decreased.

We had the same kind of unemployment here as they had in the worst hit places in the North and you're meant to be on a cushy wicket in the South. If you go up to Newcastle, you can tell that the town's really had money, or Liverpool, you know, the northern towns have got grandeur, whereas Medway, being just a sort of garrison town and dockyard town, you don't have anything like Earl Grey Square or anything like that.

It has to be because unemployment problems in northwest Indiana are similar to those in southeast Chicago.