Employment Impact Quotes

Walmart's period of explosive growth coincided with decades of wage stagnation and deindustrialization. By applying relentless downward pressure on prices and wages, the company came to dominate both consumer spending and employment in small towns and rural areas across the middle of the country.

Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.

On balance, I am a supporter of the minimum wage going up. We've got to be very careful what we wish for because some employers - and there could be a lot of them - will be scared away from hiring new people or creating incremental hours for part-time people as a result of that wage going up.

The ancient bitter opposition to improved methods [of production] on the ancient theory that it more than temporarily deprives men of employment... has no place in the gospel of American progress.

Our machines increasingly do our work for us. Why doesn't this make our labor redundant and our skills obsolete? Why are there still so many jobs?

I have serious concerns with the discussion around minimum wage because it drives up costs, and it could harm jobs.

If I lose my job at a furniture factory where I've worked for decades, no amount of cheaper toys and raincoats at Wal-Mart is going to make me whole again.

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

That's my contribution - running a sound, healthy company that serves millions of customers well and employs hundreds of thousands of people. What else am I going to do? I'm not an artist. I'm not a writer. I'm not a musician. I'd love to be a tennis player or musician. I'm not.

This is the debate we have every time we talk about the minimum wage, that if we raise it even 50 cents, that it means employers are just going to shut down. It's not true.

Don't let anybody tell you that raising the minimum wage will kill jobs.

I know lots of people in Mississippi who have lost their jobs trying to register to vote.

I know myself, from my own background, the E.U. depresses employment and destroys jobs. My father had a business destroyed by the common fisheries policy.

It is a health care law [ObamaCare] that is basically forcing companies to lay people off, cut people's hours, move people to part-time. It is not just a bad health care law, it is a job-killing law.

Since the announcement that Boeing was going to open a plant in Charleston, South Carolina, Boeing has actually created 2,000 new jobs in Washington state. So it's hard to say you are retaliating against the union when you create 2,000 members to their role.

It's a good thing a DUI's job security.

Fewer jobs, at lower pay. That's what Obamacare means.

Obviously, we want people to be paid a wage that could help make ends meet, but when you increase artificially the cost of labor to do a job, then oftentimes, those jobs will just go away.

An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results.

Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'

Well, jobs are a great thing. You have to be a bit careful: If you raise the minimum wage, you’re encouraging labor substitution and you’re going to go buy machines and automate things - or cause jobs to appear outside of that jurisdiction. And so within certain limits, you know, it does cause job destruction. If you really start pushing it, then you’re just making a huge trade-off.

Technology is always creating jobs. It's always destroying jobs.

We know that children living in a household with someone in work do better in school, have better educational attainment, and are more likely to have a job later in life than children growing up in a home where no one works.

Social scientists have established only one fact about single women's mental health: employment improves it.

People against the minimum wage say that many workers will lose their jobs. I haven’t ever met a minimum wage worker who didn’t say “Go for it!”