Political Quotes

Paul Ryan: So just to understand this, it's not that employers are laying people off, it's that people aren't working in the…

On the recordFebruary 4, 2014
So just to understand this, it's not that employers are laying people off, it's that people aren't working in the workforce, aren't supplying labour to the equivalent of 2.5 million jobs in 2024, and as a result that lower workforce participation rate, that less labour supplied lowers economic growth.
Said by
Paul Ryan
Wisconsin

Editor's note · Context

Ryan clarifies that the issue is not layoffs but a decline in workforce participation affecting economic growth.

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