Unemployment Rates Quotes & Sayings

We need a candidate who's going to be a fighter for freedom. Who is going to get up and make that the central theme in this race because it is the central theme in this race. I don't care what the unemployment rate's going to be. Doesn't matter to me. My campaign doesn't hinge on unemployment rates and growth rates. — Rick Santorum

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. — Cliff Stearns

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. — Barack Obama

The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices. — Murray Rothbard

The poverty argument is especially weak. In the 1950s, when segregation was legal, overt racism was rampant, and black poverty was much higher than today, black crime rates were lower and blacks comprised a smaller percentage of the prison population. And then there is the experience of other groups who endured rampant poverty, racial discrimination, and high unemployment without becoming overrepresented in the criminal justice system. — Jason L. Riley

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

Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust. — Gordon Brown

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano. — Henry Hazlitt

One of the risks related to an environment marked by high rates of unemployment, low rates of economic growth, and poor education is that it may serve as a breeding ground for radical sentiment. — Frans Cronje

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. — Alex Tabarrok

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. — Al Sharpton

One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting infrastructure projects that will help with job creation across the region. — Abdul Aziz Al Ghurair

Austerity, especially when it cannot be offset by a significant lowering of interest rates, brings with it increases in unemployment
particularly enduring unemployment
suppression of wages for the majority, and deepening income inequality. — Alex Himelfarb

A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig

These factors include things like the unemployment rate, interest rates, the dollar's strength in the currency market, petroleum prices, and consumers' disposable income. Those — Marc Cosentino

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

Typically, during recessionary times, particular groups suffer higher rates of unemployment -African Americans, and Latinos, and in some cases other minority groups. If you don't have a high level of training or education you're going to fall into that category. — Hilda Solis

One of the worst results of the retention of the Keynesian myths is that it not only promotes greater and greater inflation, but that it systematically diverts attention from the real causes of our unemployment, such as excessive union wage-rates, minimum wage laws, excessive and prolonged unemployment insurance, and overgenerous relief payments. — Henry Hazlitt

No Arab country produces graduates who can compete with their East Asian counterparts; the only Muslim country whose graduates meet world standards is Turkey. University graduates throughout the Arab world have miserable prospects. "The average unemployment rate for the age group 15-24 years in the Group of Arab Countries reaches to 30%, compared with an average rate of world 14.4%," according to the Arab Labor Organization. "Problem [sic] of high unemployment rates among the educated graduates from universities and colleges, which reaches to 26.8% in Morocco and 19.3% in Algeria, 17.7 % in Jordan. It was noted that 94% of the unemployed in the Arab Republic of Egypt are in the age group 15-29 years, reflecting a lack of consistency of education plans to the needs of the Labor market."9 — David Goldman

It should be immediately clear that this could be brought about more directly and honestly by a reduction in unworkable wage rates. But the more sophisticated proponents of inflation believe that this is now politically impossible. Sometimes they go further, and charge that all proposals under any circumstances to reduce particular wage rates directly in order to reduce unemployment are "antilabor." But what they are themselves proposing, stated in bald terms, is to deceive labor by reducing real wage rates (that is, wage rates in terms of purchasing power) through an increase in prices. — Henry Hazlitt

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. — Fred Upton

Credit expansion results in the recurrence of economic crisis and periods of depression. Inflation makes the prices of all commodities and services soar. The attempts to enforce wage rates higher than those the unhampered market would have determined produce mass unemployment prolonged year after year. Price ceilings result in a drop in the supply of commodities affected. The economists have proved these theorems in an irrefutable way. No — Ludwig Von Mises

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

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. — Edmund Phelps

As a kid who failed out of high school as a freshman, I know firsthand and personally that sense of hopelessness and just being - drifting in the wrong direction, having really no hope. And being able to harness that frustration was incredibly valuable in my life. That's one of the reasons I focus so consistently on the foundation of education, because it helps to eviscerate those things that - unemployment, high jobless rates, poverty. — Tim Scott

No matter what's happening in the Middle East - the Arab Spring, et cetera, the economic challenges, high rates of unemployment - the emotional, critical issue is always the Israeli-Palestinian one. — Abdallah II Of Jordan

Silver noticed that the areas where Trump performed best made for an odd map. Trump performed well in parts of the Northeast and industrial Midwest, as well as the South. He performed notably worse out West. Silver looked for variables to try to explain this map. Was it unemployment? Was it religion? Was it gun ownership? Was it rates of immigration? Was it opposition to Obama? Silver found that the single factor that best correlated with Donald Trump's support in the Republican primaries was that measure I had discovered four years earlier. Areas that supported Trump in the largest numbers were those that made the most Google searches for "nigger. — Seth Stephens-Davidowitz

Mr. Vice President, the most fiscally conservative thing this government has ever done, is to invest massively in the green part of the recovery. Because those green dollars are the hardest working dollars in the history of American politics. That same dollar that is being used to cut energy bills, is also cutting global warming gas emissions, is also cutting unemployment, is also cutting poverty, through retrofits it's also raising the value of homes, is also by cleaning the air, cutting asthma rates. — Van Jones

The employment rates are in very bad shape. We vastly underestimate the unemployment — Immanuel Wallerstein

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. — Elizabeth Warren