---
title: "3 Labor Market Quotes By Janet Yellen"
description: "3 Labor Market quotes by Janet Yellen. Plus more from Janet Yellen and more Labor Market sayings from other authors."
image: "https://sms4smile.com/quotes/i/d2a/janet-yellen-2828_another_the-pace-of-increases-in-labor-compensat_311884.png"
---

> [The pace of increases in labor compensation provides another possible indicator, albeit an imperfect one, of the degree of labor market slack.](https://sms4smile.com/quotes/janet-yellen/the-pace-of-increases-in-labor-compensation-provides-another-possible/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

[Image](https://sms4smile.com/quotes/i/d2a/janet-yellen-2828_another_the-pace-of-increases-in-labor-compensat_311884.png)

> [American workers have faced serious difficulties in the labor market since the first oil shock in 1973. Since that time, the pace…](https://sms4smile.com/quotes/janet-yellen/american-workers-have-faced-serious-difficulties-in-the-labor-market/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

[Image](https://sms4smile.com/quotes/i/208/janet-yellen-2828_american_american-workers-have-faced-serious-diff_423600.jpg)

> [Private sector labor market flows provide additional indications of the strength of the labor market. For example, the quits rate has tended…](https://sms4smile.com/quotes/janet-yellen/private-sector-labor-market-flows-provide-additional-indications-of/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

[Image](https://sms4smile.com/quotes/i/fd8/janet-yellen-2828_find_private-sector-labor-market-flows-provid_2162026.png)

## More by Janet Yellen

> [Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.](https://sms4smile.com/quotes/janet-yellen/nationally-the-share-of-mortgages-that-are-underwater-fell-by-about/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.](https://sms4smile.com/quotes/janet-yellen/will-capitalist-economies-operate-at-full-employment-in-the-absence/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…](https://sms4smile.com/quotes/janet-yellen/individuals-out-of-work-for-an-extended-period-can-become-less/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…](https://sms4smile.com/quotes/janet-yellen/for-decades-the-pace-of-technological-change-in-manufacturing-has/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…](https://sms4smile.com/quotes/janet-yellen/it-s-important-for-market-participants-to-have-a-sense-of-how-we/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…](https://sms4smile.com/quotes/janet-yellen/if-there-is-a-job-that-you-feel-passionate-about-do-what-you-can-to/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Although we work through financial markets, our goal is to help Main Street, not Wall Street.](https://sms4smile.com/quotes/janet-yellen/although-we-work-through-financial-markets-our-goal-is-to-help-main/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…](https://sms4smile.com/quotes/janet-yellen/i-felt-that-the-fed-had-always-been-the-agency-that-picked-up-the/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…](https://sms4smile.com/quotes/janet-yellen/increased-business-sales-would-almost-certainly-raise-the-productive/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…](https://sms4smile.com/quotes/janet-yellen/uncertainty-about-sales-impedes-business-planning-and-could-harm/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…](https://sms4smile.com/quotes/janet-yellen/stronger-productivity-growth-would-tend-to-raise-the-average-level-of/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.](https://sms4smile.com/quotes/janet-yellen/the-federal-open-market-committee-fomc-is-committed-to-policies-that/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the…](https://sms4smile.com/quotes/janet-yellen/to-me-the-greatest-asset-of-the-fed-is-the-people-we-have-a/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

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