DIANE SWONK:

I think this year really has been a transitional year, because we get what I call those, like I said, the meat-on-the-bone jobs, the full-time jobs that are college graduate jobs.

They're actually being filled. One of the places where we have a shortage of workers is people with five years' experience. What were people doing five years ago? They weren't getting hired. And so we don't have people with five years' experience. So, in many cases, you're seeing someone who has a lot of experience being brought in, maybe at lower pay, but better than no pay, or someone with very little experience being paid low, but now being trained.

And that puts money into training. There is some mismatch and things like that. But we're starting to see — this year, we did start to finally see some of those full-time jobs come back. Not enough. We still are far too reliant on part-time. We still are far too reliant on minimum-wage jobs.

And quality matters as much as quantity when you're generating jobs because you really need to see wages pick up. The majority of households are still trying to regain ground lost to the great recession. And that's something we have to keep into perspective, context.

This might be the best year of job generation since 1999, but 1999 was a year we were running out of people to employ.