Political Quotes

On the recordFebruary 6, 2025
It's a low-hiring environment. So if you have a job, it's all good, but... if you have to find a job, the job-finding rate—the hiring rates have come down.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell describes the challenges of job searching in a low-hiring environment.

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More from Jerome Powell

Jun 27, 2025

Part of that is due to the start-stop nature of the tariffs that have been introduced.

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Aug 22, 2025

Job growth, he said, has slowed considerably and that the downside risks to employment are rising.

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Jul 1, 2025

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

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Aug 22, 2025

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.

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