Sentences with phrase «decline in unemployment»

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

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.

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

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

Perhaps reflecting this, as well as the recent decline in the unemployment rate, aggregate indicators of household financial stress remain quite low.

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

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.

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.

«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.

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 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).

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.

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

All but one county — Cape May — experienced declines in unemployment, with many seeing substantial drops ranging from 20 to 30 percent from 2009 to 2013.

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.»

[T] here is still far too much existing home inventory, a sharp bounce back in housing starts is unlikely, so I think... a rapid decline in unemployment is also unlikely.

For example, using time - series data from New York, previous researchers found that a single percentage point decline in unemployment generates only a 2.2 percentage point decline in burglaries, and that a 10 percent increase in the minimum wage leads to about a 3.5 percent decrease in robberies in New York City.

As the economy expands, we should also expect higher labour - force participation, which should put a damper on further declines in the unemployment rate and will likely mean very modest wage growth, reducing inflationary pressures.

For the past two years, the economy has been adding about 175,000 new jobs a month, barely enough to produce a gradual decline in the unemployment rate.

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.

At the time of lift off, FOMC members expect to see a further decline in the unemployment rate, with «core» inflation running near current levels, but remain confident that inflation will run back to target levels.

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 %.

«With a sold economic outlook, a decline in unemployment, and a high employer and job seeker confidence level, the war for talent will be in full effect this year.

Jerome Powell, chairman of the Federal Reserve, said Friday that such measures «suggest a labor market that is in the neighborhood of maximum employment,» meaning that few workers are still on the sidelines and a further decline in the unemployment rate could raise inflation.

I can't emphasize enough that half of the average 2.2 % growth rate in real GDP since the depths of the recession in 2009 has been driven by a decline in the unemployment rate.

Looking ahead, investors will turn their attention to a report on nonfarm payrolls due Friday at 8:30 a.m. Eastern Time, with estimates for 188,000 jobs created in April and a decline in the unemployment rate to 4 % from 4.1 %.

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).

The buoyant labour market conditions in the December quarter were reflected in a further decline in the unemployment rate, which fell to 5.1 per cent in the month of December, to be 0.7 percentage points lower over 2004.

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.

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.

If productivity picks up slightly, with support from business investment associated with tax cuts, Evercore ISI believes that should slow the decline in unemployment relative to the growth rate.

This stagnation comes despite monthly jobs reports, such as the one due Friday, showing a steady pace of job creation and a decline in unemployment.

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.

This is consistent with results from the ACCI - Westpac survey of manufacturers and, more generally, the decline in the unemployment rate to around the lowest levels of the past two decades.

That basically means consistent economic growth matched by steady jobs growth and a decline in the unemployment rate.

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.

«These increases offset improvements in food security that might have resulted from the decline in unemployment,» according to the Economic Research Service.

Both the decline in unemployment and the cuts to the public sector may have helped the Tories, who did better in seats with lower unemployment and fewer public sector workers.

The governor touted a decline in unemployment statewide during his State of the State address this month.

Improved consumer confidence and the decline in unemployment are also positive factors behind home prices.

Banks have benefitted from the general economic recovery and especially the decline in unemployment and increase in personal incomes that allowed more and more consumers to stay current with their mortgages and debt service payments.

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.

Some labor experts say the decline in unemployment is due, at least in part, to people leaving the labor force all together.

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