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" Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year. "

Elaine Chao

Healthy

Lost

America

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" I know what it is like to feel vulnerable and fearful during a difficult time. "

" We have a lot of employers who are looking for skilled workers and not being able to find them. And we have workers who lack the requisite skills to access these good-paying jobs in high growth industries. "

" President Obama has been admirably pro-trade in public remarks, but there has been no progress in moving any new free trade agreements to expand exports abroad and create jobs at home. "

" Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak. "

" To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector. "

" Our private-sector work force is the most industrious, innovative, productive, and ambitious in the world. "

" Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression. "

" Typically, after moving backwards, the economy takes even more steps forward. "

" Capital available for individuals to start and expand businesses would increase with regulatory and strategic tax reforms, like reducing marginal rates, repealing the alternative minimum tax, and making the U.S. the most welcoming place for employers to relocate and create jobs. "

" When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas. "

" The majority of the new jobs being created require higher skills, more education. "

" Perhaps the original layaway angel knew from experience, or simply deduced, that people resorting to the old-fashioned installment method of layaway may be struggling financially. "

" In the best of years, millions of jobs are lost. "

" Those memories of living in a developing nation are part of who I am today and give me a profound understanding of the challenges of economic development - an understanding which will make my tenure as Peace Corps director, I hope, a very special one. "

" European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers. "

" My parents were very supportive. "

" 401k savings accounts have become so important in the landscape of retirement planning that their security and expansion became a top priority in formulating and implementing the Pension Protection Act of 2006 that was enacted during my tenure as the U.S. Secretary of Labor. "

" The work of these women doesn't end when they return home from overseas, as one goal of the Peace Corps' mission is to help promote a better understanding of other cultures here in the United States. "

" America's competitive advantage lies in its human talent. All of us should be doing everything we can to cultivate and develop our work force. "

" Where public pensions are concerned, many jurisdictions are running out of road. "

" The ingenuity and creativity of the private sector is essential to meeting American's needs for a skilled work force. "

" Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service. "

" I know that some people, when they are growing up and they - as a person of color in a majority community - that they may feel as if they are left out, or they feel a bit strange. "

" Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated. "

Elaine Chao

Work

World

" We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated. "

" America's private sector job creators need elected leaders to lead and get out of the way. "

" It has long been said the only things in life that are certain are death and taxes. Automatic enrollment for insurance of 401k loans would add an additional certainty. Fewer Americans would suffer the unnecessary loss of retirement savings due to unanticipated and untimely misfortune in an already stressful time of need. "

" Progress is being made, but a lot of women are realizing it is not what they envisioned. "

" I will carry with me always the deep sense of what it feels like to be an outsider and how tough it was, how hard it was to adapt to this country. "