That's a healthy pickup. The pendulum, which had been fully in favor of employers, is swinging back in favor of employees. Employees are starting to gain traction. - Mark Zandi Quotes
That's a healthy pickup. The pendulum, which had been fully in favor of employers, is swinging back in favor of employees. Employees are starting to gain traction. Mark Zandi
 Employer

More - Mark Zandi Quotes

There is no indication that the job market outside of the impacted Gulf Coast has skipped a beat. The hurricanes are having an impact due to the higher energy prices, but I think we can be confident the expansion will remain on track. - Mark Zandi Quotes

There is no indication that the job market outside of the impacted Gulf Coast has skipped a beat. The hurricanes are having an impact due to the higher energy prices, but I think we can be confident the expansion will remain on track.

Mark Zandi

 
Katrina is going to muck things up; it's just a question to what degree. - Mark Zandi Quotes

Katrina is going to muck things up; it's just a question to what degree.

Mark Zandi

 
There is not enough uncertainty about Fed rate hikes?. That causes people to take on too much risk. - Mark Zandi Quotes

There is not enough uncertainty about Fed rate hikes?. That causes people to take on too much risk.

Mark Zandi

 Causes
The Fed chair doesn't matter a lot to the average person in normal times. He matters an awful lot when things aren't going well -- when the financial markets freeze, or there's a 9/11 or Y2K or Iraq war. When people lose confidence, the Fed chairman is vital to restoring confidence and ensuring functioning financial markets and economy. - Mark Zandi Quotes

The Fed chair doesn't matter a lot to the average person in normal times. He matters an awful lot when things aren't going well -- when the financial markets freeze, or there's a 9/11 or Y2K or Iraq war. When people lose confidence, the Fed chairman is vital to restoring confidence and ensuring functioning financial markets and economy.

Mark Zandi

 
I would attach a reasonably high probability that there will be a problem in the housing or finance markets that will test the next Fed chairman. - Mark Zandi Quotes

I would attach a reasonably high probability that there will be a problem in the housing or finance markets that will test the next Fed chairman.

Mark Zandi

 Finance
I think what we have in store is a slow deflating of the housing bubble, not a bursting of the bubble. But if mortgage rates rise more sharply than I am expecting, then the downturn in housing could be more severe. - Mark Zandi Quotes

I think what we have in store is a slow deflating of the housing bubble, not a bursting of the bubble. But if mortgage rates rise more sharply than I am expecting, then the downturn in housing could be more severe.

Mark Zandi

 
If the Fed were going to pause in response to Katrina, it probably would be in November and December, - Mark Zandi Quotes

If the Fed were going to pause in response to Katrina, it probably would be in November and December,

Mark Zandi

 
I think the message in this inverted yield curve is muddled. I think it is something to watch and to understand better. But I am not overly concerned. - Mark Zandi Quotes

I think the message in this inverted yield curve is muddled. I think it is something to watch and to understand better. But I am not overly concerned.

Mark Zandi

 
I think they will tighten, but there is a much higher level of uncertainty regarding this decision than at any one since they started over a year ago. - Mark Zandi Quotes

I think they will tighten, but there is a much higher level of uncertainty regarding this decision than at any one since they started over a year ago.

Mark Zandi

 
Of the 2.7 million jobs lost since employment's peak, roughly a third have been lost to overseas competition, and most if not all of those jobs are not coming back, ... And that trend is going to continue. - Mark Zandi Quotes

Of the 2.7 million jobs lost since employment's peak, roughly a third have been lost to overseas competition, and most if not all of those jobs are not coming back, ... And that trend is going to continue.

Mark Zandi

 Competition
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