Sentences with phrase «by tightening labor market»

The economy is being powered by a tightening labor market, which has largely maintained a strong performance that started during former President Barack Obama's first term.

«For the Fed, the underlying momentum is more important in terms of policy decisions, and that looks to be strong, supported by a tightening labor market, rising incomes and high consumer confidence,» Gregory Daco, head of U.S. macroeconomics at Oxford Economics, told Reuters.

Not exact matches

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

ER: Federal Reserve staff forecasts, like those of the bulk of private forecasters, see the labor market tightening considerably over the next three years — and this is the case even assuming more rate increases than are currently anticipated by market participants and reflected in market rates.

A tightening labor market has often been cited by the central bank as an important source of inflationary pressure.

More importantly, the labor market is tightening at a faster - than - expected pace since the ECB projects that the jobless rate for the Euro Zone as a whole will come in at 9.1 % by the end of the year.

Market - based trends aside, 2017 will also be marked by construction labor shortages tightening affordable housing inventory — a trend that can be reversed if all real estate - related constituents contribute to a solution, the report's authors, Alan Billingsley, Hugh Kelly, Anita Kramer and Andrew Warren, state.

Buoyed by a rapidly tightening labor market, job satisfaction among American workers rose slightly for the fourth consecutive year in 2014, and now stands at the highest level since 2008, according to a report released by The Conference Board.

«Housing affordability is being negatively affected by a «perfect storm» scenario,» observed NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. «With markets across the country recovering, home values are strengthening at the same time that the cost of building homes is rising due to tightened supplies of building materials, developable lots and labor.»