Mark Zandi Job Quotations

We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and that's held up.

We're back on track after the ill effects of the hurricanes. But it is also fair to conclude that global competition and corporate layoffs are weighing on job growth.

So far, the surge in oil prices has yet to do any significant damage to the broader economy. We may see some softening in the consumer spending numbers soon, but unless that translates into a weaker job market, the economy should be able to weather these higher energy prices.

This should be a year where the tech market stabilizes but I don't see job growth until 2004.

There is no indication that the job market outside of the impacted Gulf Coast has skipped a beat. The hurricanes are having an impact due to the higher energy prices, but I think we can be confident the expansion will remain on track.

As the memory of the tech bust fades, we seem to be getting better and better job growth.

The tech job market was flat on its back throughout most of the decade. It's now back on its feet. I expect it to break into a jog this year.

The tightening of the job market, while very good for workers and much deserved, argues that workers should also expect to face higher interest rates and somewhat higher inflation.

This indicates that the job market is holding together pretty well,

That's right where the Fed would like to see it, ... It would take a good year of that level of monthly growth before the job market tightens to the degree where inflation concerns would become more paramount.

It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.

Once skittish businesses are turning into confident businesses that are willing and able to hire. I think the job market will improve further in the course of the coming year.

In the absence of a second layer of information, we all assume the job growth is from hiring. It is our default position.

If the job market doesn't kick into higher gear soon, consumers will lose confidence and rein in their spending, and the economy will in all likelihood fall back into recession unless we're very lucky.

The job market is getting tight enough that employees will regain some negotiating power and some modest improvement in wage growth next year.

The job market is as good as it's been since 2000. Unemployment is 4.7 percent, and it is falling. Job growth is sturdy, and it is increasingly broad-based and across regions and occupations. In fact, this will be the first year that wage growth will begin to accelerate. It should be a good year for American students.

The job losses over the past three years have been across a wide range of industries and from coast to coast. And if you've lost your job, in all likelihood you will remain unemployed for longer than in any period since the Great Depression.