Bill Cheney Work Quotations

Rising unemployment, ironically, contains good news. It signals people who had given up and dropped out of the work force are back looking for jobs. Clearly, they have hope there are jobs to be found.

Santa's workshop will be operating pretty much at full capacity. There just probably won't be much elf overtime.

The unemployment situation won't truly improve until businesses increase hiring a lot more than they did in February. It takes roughly 150,000 new jobs per month just to keep the unemployment rate steady, as population growth increases the work force.

The good news for workers is that productivity growth cannot continue at this pace. Demand will translate into jobs very soon, and in fact I think it's happening right now.

Even though it's improving, there's still an awful lot of people who dropped out of work force and are waiting to be pulled back in.