“What you really have to do is average the two months together. And when you do that, you come up with an average growth of around 15,000 jobs per month, which is slower than normal. I didn't expect it to be this low in August and September.”
“We ... believe this removes the potential for one of the most important sources of significant upside to our revenue projections, which is the key factor in our investment recommendation.”
“What the governor has done is make it OK to talk about investing for our future. Whether you agree with the details, there's now a bipartisan discussion about our future needs - that's huge.”
“The last 18 months have shown some progress for low-wage workers. But the majority of gains have been at the upper end. My guess is that the gap is going to be widening. Is everyone going to be better off? I don't think that narrowing is going to be a long-term trend.”