Sentences with phrase «falls in unemployment rates»

These states also recorded the largest falls in their unemployment rates over the past year (Table 9), with the Tasmanian unemployment rate converging noticeably on the national average.
Strong employment growth over the past year has occurred in most states and has contributed to falls in unemployment rates in every state (Table 7).
Most tellingly, the US nonfarm payroll report for June showed that the US economy has continued to create plentiful jobs, which has led to a fall in the unemployment rate to 5.3 %.
In addition, labour market conditions have tightened over recent months, as seen in the above - trend growth in employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costs.

Not exact matches

In many economies, growth in activity has picked up and unemployment rates have falleIn many economies, growth in activity has picked up and unemployment rates have fallein activity has picked up and unemployment rates have fallen.
In particular, activity growth has picked up and unemployment rates have continued to fall.
Miami fell in the middle on our metrics, with its 4.1 % February 2018 unemployment rate falling just above the average rate of 4.0 % among the 40 largest metro areas, and a Q3 2017 weekly wage of $ 963 just below the average of $ 1,095.
Nonfarm payrolls grew by 98,000 in March, well below the 180,000 anticipated, despite the unemployment rate falling to 4.5 percent.
Though the rebound in growth over the past couple of years has seen unemployment across the bloc fall, the jobless rate remains elevated at 8.5 percent.
In the euro zone, new unemployment data showed the rate falling to 9.5 percent in February from 9.6 percent in JanuarIn the euro zone, new unemployment data showed the rate falling to 9.5 percent in February from 9.6 percent in Januarin February from 9.6 percent in Januarin January.
Japan «s unemployment rate has been falling partly due to its shrinking labor force and a shortage of workers in construction, healthcare and hospitality.
Japan «s unemployment rate held steady in October as the availability of jobs improved and household spending fell at a slower pace, a tentative sign that a robust labor market is lending support to domestic demand.
The unemployment rate across Australia, and especially in Western Australia, has recorded a surprising fall, with the local number affected by a special adjustment by the Australian Bureau of Statistics.
The unemployment rate in Western Australia was unchanged at 6.1 per cent in September, however it disguised a fall in employment as the number of people working fell by over 9,000 during the month.
Western Australia's unemployment rate has fallen by a surprising 0.9 per cent in the month of December, while job numbers were up for a record - equalling 15th consecutive month nationwide, with economists giving positive assessments of the labour market.
Since the government started tracking it in 1972, the black unemployment rate had not fallen below 7 percent until December.
The unemployment rate fell to 6.7 percent, from 7 percent, but that was less about job creation than about people, fed up or unsuccessful in their job searches, dropping out of the labor force.
However, the youth unemployment rate fell much faster in Australia, reaching a low of 8.7 %, while Canada's best performance was a rate of 10.9 % in August, 2008.
America's unemployment rate fell to 7.8 % in September, while Gallup's U.S. Job Creation Index — which looks at the country's net job creation — is up 263 % since it bottomed out in April 2009.
The move is a vote of confidence in the U.S. economy — a signal that consumers and businesses don't need quite as much help via monetary policy now that the unemployment rate has fallen to 4.6 percent, close to what economists call full employment.
In May, U.S. payrolls grew by just 54,000, which was well below already - downgraded analyst expectations of 170,000, while the unemployment rate increased 0.3 % to 9.1 %, instead of falling, as expected, to 8.9 %.
«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.»
Gold futures fell to their lowest level in two weeks as the U.S. unemployment rate dropped to 5.1 percent, a seven - year low.
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.
Despite disappointing job growth last month, the unemployment rate fell to its lowest level since early 2008, sharpening the debate within the Federal Reserve over whether to raise interest rates when policy makers meet in two weeks.
But the unemployment rate's fall to 5.1 percent from 5.3 percent in July bolstered the case that the job market was returning to a healthier state, similar to conditions before the recession.
The Office for National Statistics said the unemployment rate in May fell to 7.8 per cent in the three months to May, 0.2 percentage point lower than the previous two - month period.
The labor market in Fargo shows a lot of promise, as the city has the second - lowest unemployment rate on our list, behind only neighboring Sioux Falls, S.D. And, future job growth over the next 10 years is estimated at nearly 43 percent, according to Sperling's.
In terms of wage trends across the distribution, a strong theme of my own work, often with economist Dean Baker, is that as the unemployment rate falls, the tightening job market disproportionately helps lower - wage and minority workers.
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.
Spain's household savings rate fell to its lowest level on record in the third quarter of last year as high unemployment and wage deflation in the latest recession obliged them to devote more of their disposable income to consumption, according to figures released Wednesday by the National Statistics Institute (INE).
While the positives include the unemployment rate falling to 42 - year lows, a weaker pound sterling is leading to a spike in consumer inflation; in the event of a negative outcome in the negotiations with the European Union, the UK currency could slide further, leading to a rise in consumer prices and leaving the Bank of England in a very precarious situation in which easing interest rates will be ruled out due to high inflation, and hiking rates will lead to a slowdown in economic activity.
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.
Although unemployment across Europe has been falling and in Germany the unemployment rate is at a post reunification low, labor market pressures simply are not building.
Consumer confidence has been close to record levels, and the labour market continued to strengthen, with the unemployment rate falling in December to its lowest level since 1976.
$ $ $ (Business Insider) The U.S. economy added 236k jobs in February and the unemployment rate fell to 7.7 percent.
The recent increase in participation has been associated with some rise in the measured unemployment rate, which had fallen unusually quickly in earlier months.
The unemployment rate in non-metropolitan areas has fallen more modestly, to 8.1 per cent, associated with a larger rise in labour force participation in non-metropolitan areas.
The unemployment rate is expected to fall to 3.6 % by the end of the decade according to the Fed's latest forecasts, while inflation should hit 2.1 % in 2020, above the Fed's 2 % target.
Thus, a falling unemployment rate foretells higher inflation in the future.
An average of more than 160,000 jobs were added per month in the second half of 2004 and the unemployment rate fell from 5.6 per cent to 5.4 per cent in December.
The unemployment rate among people aged 24 or under was much higher, although it fell to 23.8 % from 23.9 % in April.
Despite some monthly volatility, the unemployment rate remains on a downward trend and has fallen by 1/2 percentage point over the past year to reach 4.4 per cent in December.
The starting point is the cyclical view, and while the PMI has been in and out of contraction, the unemployment rate has fallen to 20 year lows so there is some positive trends underway in Japan's economy and this is likely part of the reason.
She found that, all else equal, for every one - percentage - point increase in the national unemployment rate, the starting income of new graduates fell by as much as 7 percent; the unluckiest graduates of the decade, who emerged into the teeth of the 1981 — 82 recession, made roughly 25 percent less in their first year than graduates who stepped into boom times.
«Even though the economy will be slowing, we still think the unemployment rate is likely to fall further next year — and that means we're going to be pushing up against the lowest unemployment rates in decades in this country,» Porter added.
So all and all, the markets were really reacting to a speed - up in world economic growth, and the unemployment rate in the US kept falling during this period.
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.
US unemployment rate falls to lowest level since 2001 The US economy created 261,000 new jobs in October as the labor market rebounded from disruptions linked to hurricanes Harvey and Irma.
Carney was defending the BoE's recent, controversial decision to hold short - term interest rate steady until unemployment in the U.K., currently at 7.8 per cent, falls to at least seven per cent.
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