Attachment Quote by Jerome Powell

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

— Janet Yellen

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…

— Ben Bernanke

For those unfortunate enough to experience it, long-term unemployment - now, as in the 1930s - is a tragedy. And, for society as a…

— Barry Eichengreen

The longer people are unemployed, the less employable they become. Skills become rusty; managers look more suspiciously at someone who has been out of…

— Nina Easton

When more and more people are thrown out of work, unemployment results.

— Calvin Coolidge

Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…

— Janet Yellen

“Productive women, seniors, or immigrants won’t displace men, young adults, or hardworking citizens from their jobs. In fact, they create more employment opportunities. A…

— Rutger Bregman

Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely…

— Alan Greenspan

The higher the wages the fewer the jobs; the lower the wages the more the jobs.

— James Cook

In proportion therefore, as the repulsiveness of the work increases, the wage decreases.

— Karl Marx

What is a danger is that we stay stuck in a new normal where unemployment rates stay high, people who have jobs see their…

— Barack Obama

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity…

— Paul Krugman