A Quote by Ben Bernanke

Because a person has to be either working or looking for work to be counted as part of the labor force, an increase in the number of people too discouraged to continue their search for work would reduce the unemployment rate, all else being equal - but not for a positive reason.

Ben Bernanke

Quote Topics

Because Being Being Equal Continue Counted Discouraged Either Else Equal Force Increase Labor Labor Force Looking Looking For Work Number Part People Person Positive Rate Reason Reduce Search Too Unemployment Unemployment Rate Work Working Would

Quote Author

Ben Bernanke
American - Public Servant
Born: December 13, 1953

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.

Jared Bernstein

I've heard the argument that unemployment benefits somehow act as a disincentive to the long-term unemployed when it comes to looking for work, but the opposite is true. Unemployment Insurance serves as a powerful incentive for people to keep searching for jobs, rather than drop out of the labor force altogether.

Tom Perez

The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.

Jim Talent

With the rather stable ratio of labor force to total population, a high rate of increase in per capita product means a high rate of increase in product per worker; and, with average hours of work declining, it means still higher growth rates in product per man-hour.

Simon Kuznets

On the basis of his work each person is fully entitled to consider himself a part owner of the great workbench at which he is working with everyone else. A way toward that goal could be found by associating labor with the ownership of capital joint ownership of the means of work, sharing by the workers in the management and/or profits of businesses, so-called shareholding by labor, etc.

Pope John Paul II

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.

Ben Bernanke

You would think that if any group in America had 20% to 25% unemployment, it would generate all kinds of attention. The Labor Department would understandably and necessarily begin to concentrate on what can we do to reduce this level of unemployment. Congress would give great time on the floor for debate on what can be done.

Emanuel Cleaver

I wish and will continue to wish, that the German people should learn that by reason of practical examples afforded by their ability and work, they are not a second-rate or inferior people in comparison with others. On the contrary they are their equals according to all true standards of values and therefore entitled to equal rights in all respects.

Adolf Hitler

The reason that I discouraged my boys as I was discouraged was not because of wrestling itself. The reason I discouraged them as a father was from having lived the lifestyle - like my father did - and understanding the hardships that come along with it. It's not the wrestling itself. It's the 90 percent divorce rate.

Ted DiBiase Sr.

It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on a part-time basis. Some labor economists predict that in about five years there will be a labor shortage in the United States and that demand for retirees to work part-time will grow naturally. I don't know if that's true or just wishful predicting.

Hedrick Smith

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.

Paul Krugman

Cheap labor is a small part of the problem at work here. If it were only cheap labor, America would be in trouble. Because it's other things, too, we have a great chance to turn it around. Here's the problem: Our high corporate tax rate pushes our companies offshore. Our high regulatory burden pushes our companies offshore.

Peter Navarro

I always believed that my work should be unfinished in the sense that I encourage people to add their creativity to it, either conceptually or physically. Back in the 1960s, I was calling for 'Unfinished Music,' number one, and number two, with my artwork - I was taking unfinished work into the gallery. And that's how I was looking at it.

Yoko Ono

The long-range sloution to high unemployment is to increase the incentive for ordinary people to save, invest, work, and employ others. We make it costly for employers to employ people; we subsidize people not to go to work We have a system that increasingly taxes work and subsidizes nonwork.

Milton Friedman

Perhaps I might be satisfied, momentarily, with a work finished at one sitting, but I would soon get bored looking at it; therefore, I prefer to continue working on it so that later I may recognize it as a work of my mind.