Not exact matches
In a recent statement, TAT CEO Hugh R. Keating described the project
as «a logical application of our core technology in what continues to be an extremely
tight labor market.»
(The recent slowdown in productivity could arguably be because of the low cost of
labor and, therefore, reduced incentives to invest in capital and would likely rebound
as labor markets get genuinely
tight and start pushing wage - growth up.)
«We will know the
labor market is getting
tight when we do see a more meaningful upward move in wages,» Powell said in response to a reporter's question
as to whether he was satisfied with the pace of wage growth, which remains lackluster by most accounts.
The stock
market opened way down, continuing last Friday's selloff, though it has climbed back since the open — implying the return of volatility —
as skittish investors continue to fear the sequence I describe in this AM's WaPo:
tight labor market, wage pressures, higher interest rates, inflation, lower profit margins.
Yes, inflation could become a problem
as fiscal stimulus overheats an already -
tight labor market.
«The good news is that we are exporting more, but with the
labor markets incredibly
tight,
labor costs are accelerating
as well,» said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania.
«The
tight labor market is putting some upward pressure on wages, and this should continue
as we look for the unemployment rate to trend lower,» said Ryan Sweet, senior economist at Moody's Analytics in West Chester, Pennsylvania.
She talked about one - time factors dampening price growth, predicting that
as soon
as these faded, inflation would firm up and begin to reflect the
tight labor market.
While a
tight labor market provides definite advantages — such
as employment opportunities for workers who have struggled to find a job — nonetheless, providing too much stimulus from either monetary or fiscal policy at this stage of the economic cycle could threaten to create a so - called «boom and bust» economy, which policymakers certainly want to avoid.
However, a survey of German consumers, who have made a significant contribution to driving growth in Europe's largest economy, came in higher than consensus expectations during February,
as the country's
tight labor market bolstered confidence.
Also, while
labor markets were described
as tight, the majority of Districts reported only modest - to - moderate wage pressures.
Additionally, most FOMC participants also saw relatively low risks of unwanted increase in inflationary pressures amid
tighter labor market conditions, and there are signs that the risk management argument (asymmetrical risk with policy rate near effective lower bound) is gaining traction
as well.
It is no national tragedy that,
as the
labor market grows
tighter, the most troubled parts of the
labor market can demand higher wages.
Wendy's said that self - service ordering kiosks will be made available across its 6,000 - plus restaurants in the second half of the year
as minimum wage hikes and a
tight labor market push up wages.
However, the WSJ points out that the
tight labor market also poses a challenge to Amazon,
as the retailer has to compete for workers with other rivals such
as Walmart and package - delivery companies such
as UPS since everyone's looking to staff up for the holidays.
Mortgage interest rates are expected to rise, too,
as the already
tight labor market constricts further and
as federal budget deficits grow, further dampening the
market.
«The demand for leases and new construction projects is expected to slowly climb
as businesses add to their payrolls and consumers reap the benefits of cheaper gas and any accompanying wage growth from a
tighter labor market,» he said.
Third, because of elevated costs brought about by a
tight construction
labor market and continued growth from the housing sector, money won't go
as far
as it would in a softer
market.
This is due partly to
tighter labor market conditions
as evidenced by the falling unemployment rate (5.5 %
as of May at the national level and down from 9.9 % in late 2009)
as well
as partly to the recent and planned increases in the minimum wage rate in many cities and states.
The causes of this shift include the foreclosure crisis, a slow
labor market recovery from the Great Recession,
tighter mortgage credit, limited supply of entry - level homes and long - term social changes such
as delayed marriage and childbearing.