Sentences with phrase «decline in the unemployment rate»

«The difficulty is that the growth rate has been little more than the increase of supply, so we have growth... but very modest declines in the unemployment rate,» he said.

«The unexpectedly swift decline in the unemployment rate in recent years has in large part been attributed to a drop in the labor force participation rate.

Monthly data released this week of course included the positive jobs report and the big decline in the unemployment rate.

Back in December, the bank pegged a rate hike to a decline in the unemployment rate to 6.5 %, provided inflation stays within 2.5 %.

This is a bit faster than our current estimate of trend growth in the Australian economy, so we expect to see a gradual decline in the unemployment rate.

Pushing past even 2 % on a sustained basis will require the avoidance of any recession in the years ahead, along with a continued decline in the unemployment rate below 4.1 %, or an acceleration of productivity growth beyond anything we've observed in recent decades.

Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labor market tightness has allowed for some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.

The recent strength in employment growth contributed to a further decline in the unemployment rate to 6 3/4 per cent in the June quarter, compared with almost 7 1/2 per cent a year ago (Graph 21).

Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labour market tightness has allowed for some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.

As a result, we look for solid employment and lack of further near - term upward momentum in participation to lead to a one - tenth decline in the unemployment rate to 4.2 %.

The large nominal exchange rate appreciation also helped to contain inflationary pressures in an environment of strong growth in domestic demand and a decline in the unemployment rate to relatively low levels.

UBS: Payrolls & private payrolls +190 k, unemployment down, soft avg hrly earnings We project continued strength in payrolls in August, a consequent decline in the unemployment rate, no change in the weak path of average hourly earnings, and a flat workweek.

This means that the continuing decline in the unemployment rate should begin to translate into stronger inflation pressures.

Growth has been underpinned by a number of factors, including a high level of consumer confidence, a decline in the unemployment rate, favourable financial conditions and increases in wealth, fostered by rising housing prices.

The gains in employment over the past year have occurred in all states, and those states with the highest unemployment rates in the three months to October 2002 have experienced the strongest growth and the largest declines in the unemployment rate (Table 11).

After consistent declines in the unemployment rate and notable gains in consumer attitudes through 2014, recent months have experienced a leveling off.

For those inclined to make that assumption, a decline in the unemployment rate to zero over a 5 - year horizon add an extra 0.8 % annually to real GDP growth over that period.

For the record, New Mexico had the weakest increase in jobs in the nation as well as the smallest decline in the unemployment rate, while Rhode Island and Mississippi tied for the worst current unemployment rate and Maine and Connecticut saw the smallest increase in inflation - adjusted state GDP.

This means that frustrated job - seekers are simply falling off the BLS» radar and are not even looking for jobs — the decline in the unemployment rate is largely illusory.

Despite declines in the unemployment rate during the same period, delinquency rates for Direct Loans, the federal government's largest lending program, increased by roughly 8 % between 2013 and 2016.

November 2009 showed some positive signs for Job Seekers as both Canada and the United States experienced a slight decline in unemployment rates.

Friday's September jobs report, including the strong upward revisions for prior months, a sizable increase in earnings, and a sharp decline in the unemployment rate, should provide further impetus for improving consumer confidence in the housing market.»

«Declines in the unemployment rate have supported a rise in income, and home - price growth has built home equity.

In simple terms, roughly a one percentage point decline in the unemployment rate will reduce the seriously delinquent rate by 0.8 percentage points.

Not exact matches

At various points in the Clinton, Bush, Obama, and Trump administrations, new stock market records and historically low unemployment rates were used as a synonym for a booming economy, or after the financial crisis, to signal that the economy was recovering — even though many workers and households experienced stagnating or steadily declining incomes for years or even decades.

«Job gains have been solid in recent months and the unemployment rate has declined,» the Fed said in its policy statement.

If, in contrast, the Fed were to raise rates now, before the economic recovery is fully entrenched, house prices might resume declines, the values of businesses large and small would drop, and, critically, unemployment would likely start to rise again.

If growing unemployment was not enough, a decline in labor market participation was also on the rise, the ILO said, a warning borne out by the latest U.S. jobs data from December which showed that the labor force participation rate tumbled to 62.8 percent, its worst level since January 1978.

«Averaging through hurricane - related fluctuations, job gains have been solid, and the unemployment rate declined further,» the Federal Open Market Committee said in a statement Wednesday following a two - day meeting in Washington.

A 2013 survey conducted near its Tasiast mine in Mauritania by local sociologists found that the number of households living below the poverty line had been cut by more than half since 2011 and the unemployment rate had declined from 47 per cent to 24 per cent.

After studying the decline in U.S. crime rates that occurred in the 1990s, it concluded that a drop of two percentage points in unemployment was responsible for a 9 % decline in burglary, 14 % drop in rape and robbery and 30 % plunge in assault.

The state's labor market is also suffering: The November 2015 unemployment rate of 6.5 % was the third highest in the country, and West Virginia was one of only five states to see a drop in nonfarm payroll employment between November 2014 and November 2015, with a 1.4 % decline.

The consensus, according to Bloomberg, is for an increase of 220,000 non-farm payroll jobs in April (with a range of estimates between 180,000 and 335,000), and for the unemployment rate to decline to 5.4 %.

«A stress test that claims that if the Dow falls by 60 %, the unemployment rate rises to 12 %, housing prices decline substantially more than they did during the 2008 recession, GDP declines by 6 - 7 % — and that all of that can happen and no bank will be in serious financial trouble or have any problem of being undercapitalized or illiquid — I kind of think says more about itself than it says about the health of the banking system.»

Then... this is the best part... he made it clear that a 6.5 percent unemployment rate would not necessarily be the threshold for raising rates, then went on a long discussion of the conditions under which he would NOT raise rates, including if the unemployment rate dropped mostly due to cyclical declines in the labor force participation rate rather than gains in unemployment, as well as persistently low inflation.

Economic growth has been falling since 2010 and the economy has been operating below its potential since then; employment growth, particularly full time employment growth has struggled; in 2014 only 121,000 jobs were created; employment growth has not kept up with population growth; labor force participation has declined to its lowest level since 2000; long - term unemployment has increased; the unemployment rate remains stuck at just under 7 per cent, and youth unemployment is at 14 per cent; business investment has stagnated; and Canadians are losing confidence in their economic future.

The unemployment rate slipped to 7.3 %, which was more of a function in the decline in the participation rate to 63.2 % from 63.4 % (the lowest in the last 35 years).

The labour market had tightened as the unemployment rate had declined by around 3 percentage points in two years, and wage pressures were building.

The unemployment rate has declined from a peak of 10 percent in October 2009 to 7.6 percent in March; however, much of the decrease is due to a fall in the number of people actively looking for a job.

Likewise, if the rate of unemployment stays relatively constant this month, that will represent a fairly strong decline in the momentum of unemployment, which would also be a positive.

The consensus, according to Bloomberg, is for an increase of 200,000 non-farm payroll jobs in April (with a range of estimates between 175,000 to 245,000, and for the unemployment rate to decline to 4.9 %.

On Friday morning, the Bureau of Labor Statistics reported the U.S. economy added 235,000 jobs in February, and the U.S. unemployment rate declined to 4.7 percent.

Monetary policy: continued investment recovery, unemployment and inflation expectations are key; energy prices less so «The year - on - year rate of increase in the CPI is likely to be about 0 percent for the time being, due to the effects of the decline in energy prices.»

Official figures from Eurostat show that the fall in the eurozone unemployment rate has been painfully slow — declining to 11.1 % in April from 11.7 % a year earlier — and remains much higher in countries like Greece and Spain.

If our friends at Deutsche Bank are right in forecasting the US unemployment rate to decline from the current 17 year low of 4.1 per cent to 3.2 per cent by - late 2019, the US Federal Reserve are going to have a delicate balancing act as they lift the cash rate in trying to keep inflationary expectations under control.

This has generated a continuing decline in unemployment, bringing the unemployment rate down to around 6 3/4 per cent in recent months, its lowest level for a decade.

Particularly noteworthy in recent months has been the performance of the labour market, with employment posting a series of big increases and the unemployment rate declining to its lowest level since the 1970s.

Current rates of economic growth are likely to generate further declines in unemployment in the period ahead.

Ultimately, deflation can lead to bankruptcies, rising unemployment rates and declines in wages, business profits and investment earnings.

Based on the surge in firms reporting difficulties filling job vacancies, we suspect the unemployment rate fell to just 4.2 % in August, with further declines looking likely over the coming months.