Or conditions remain mostly the same since December and, if anything, the U.S. economy is strengthening, as evidenced by
growth in the job market, an uptick in manufacturing orders and consumer spending, and signs that inflation may be starting to stir.
Depending on the outcome of the political unrest, we expect continued
growth in the job market and for compensation levels to remain flat throughout Q3 and the rest of the year.
The greatest driving factor behind the four cities being listed above is
growth in the job market.
Not exact matches
«The Texas
market is seeing the return of the first - time homebuyer
in response to strong
job growth, which provides Dr. Horton with a volume tailwind,» he wrote
in his latest report.
The explosive
growth in Blockchain, cybersecurity and AI is influencing the fastest - growing skills
in the freelance
job market, says a new study.
Several
markets in the South and West — the two most popular destinations for vacation homebuyers — saw strong sales gains for years as
job growth came back online after the financial crisis.
Tom Wynn, director of affluent research at Spectrem, provided several factors for the increased confidence: the steady improvement
in job growth, the steady increase
in the major stock
market indices since the spring, and a decrease
in political ambiguity with the election season over, which has an effect on at least some people's outlook.
On Wall Street, stocks rose on Friday after
job growth surged more - than - expected
in June, reaffirming labor
market strength that could keep the Federal Reserve on track for a third interest rate hike this year.
Georgia's solid
job growth and rebounding housing
market help it jump to third place
in our Economy category.
4.5 % vs. 6.2 % 2014
job growth in middle -
market companies without PE backing trailed that in PE - backed ones, according to the National Center for the Middle M
market companies without PE backing trailed that
in PE - backed ones, according to the National Center for the Middle
MarketMarket.
Admittedly, 3,000
jobs is peanuts
in the U.S. labour
market, but, as the chart below shows, the federal layoffs mean that Washington is starting to be a drag on employment
growth just as state and local governments are beginning to recover (blue is the federal government; green is state government; red means local government; and private sector employment, excluding farm employees, is orange).
The recent slowdown
in job market growth, along with other factors such as the U.K.'s upcoming Brexit vote, have contributed to the central bank's more cautious approach.
«A strong
job market, accelerating wage
growth, and expectations of faster rate hikes from the Fed all have played roles
in pushing up longer - term rates.»
That, along with solid
job growth and one of the hottest housing
markets in the country, wins the state a No. 3 finish
in our Economy category.
Job growth ground nearly to a halt
in May, with the U.S. labor
market having its worst performance
in more than five years, the Labor Department said Friday.
For instance, Dean Baker, a liberal economist, sees the stock
market rise as a double - edged sword, leading to the bursting of the bubble
in 2001 and perhaps helping shape a subsequent decade of only modest
job growth.
Other factors that have been suggested include continued labor -
market slack; lagging educational attainment relative to other countries; and a broad decline
in better - paying
jobs and consequent shift toward
job growth in low - wage industries.
«We must tackle the underlying causes of deteriorating liquidity and the financing
in venture
markets soon,» says Russell, «or run the risk of losing the best source of capital to grow small - and medium - sized Canadian businesses into globally competitive enterprises that drive
job creation, innovation and economic
growth.»
But that hasn't been the case
in the current
job market, and experts predict that wage
growth will hold steady at around 3 percent.
When Fed policymakers met
in July, most of those fears had been eased as strong
job growth returned and financial
markets weathered the «Brexit» vote.
Chair Yellen, with real
growth over the recovery a little slower than we thought, output gaps and
job market slack still on the scene, prices appearing to decelerate and wages / compensation revealing little
in the way of threatening pressures, try as I might — and I repeat, I'm solidly
in your camp — I don't see the rationale for tightening, even a little.
That's a bit slower
job growth than prior years, as shown
in the table below, but this is a typical pattern as the
job market closes
in on full employment (h / t to the great Lexin Cai for making this table!).
The slowdown
in job growth and the absence of any significant wage pressure could strengthen the arguments of those who see little risk
in keeping borrowing costs exceptionally low and waiting not just for more encouraging data but also for unruly
markets to settle down.
America's
job market stumbled
in the latest monthly report, but we don't think this one month of data heralds a significant downshift
in growth.
Again, the smooth trend (6 - mos average,
in this case)
in wage
growth deserves a close look, and it shows remarkably little acceleration given the persistent tightness of the
job market.
OTTAWA — Canada's labour
market posted its ninth - straight month of
job gains
in August to give the economy its longest monthly
growth streak since before the financial crisis nine years ago.
Different wage series show different trends, but if you mash them together, as is my wont, you find that the tightening
job market has,
in fact, given workers a bit more bargaining clout and nominal wage
growth basically moved up from 2 to 2.5 percent.
Given at least some evidence of softening
in the
job market in tandem with slower core price
growth, a data - driven Fed should pause and take stock of where we are.
The members of the central bank apparently think the recent slowdown
in price
growth is transitory, and that at some point, price pressures will reflect the tightening of the
job market.
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.
I might consider buying REITs now withe the sell - off, but I wanted to own a smaller portfolio of limited partnership real estate projects around the country
in strong
job growth markets to hopefully gain a higher return.
Many
market watchers interpreted the September U.S.
jobs report as a bit of a disappointment, as
jobs growth came
in slightly weaker than expected.
With a strong
job market and signs of continuing economic
growth, we are forecasting roughly 9 percent
growth in purchase origination volume for 2017 relative to 2016,» Fratantoni said.
Meanwhile, the U.S.
job market showed strength with much greater - than - expected
job gains for February, eclipsing ongoing weaknesses
in wage and workforce
growth.
For our government, the choice is clear: we need to diversify our
markets in order to create
jobs and economic
growth for Canadians across this country.
Luckily, Austin has a bit more slack
in its housing
market, with a vacancy rate of 8 percent and a higher rate of permitting compared to
job growth.
Fed Governor Jerome Powell said today the chances are about 50 - 50 that the U.S. economy will improve enough for the central bank to raise interest rates
in September, as the
job market strengthens and signs of wage
growth emerge.
Columbus, OH - Despite a surprising slowdown
in household
growth at the end of 2015, the outlook for the U.S. housing
market remains upbeat thanks to solid housing demand driven by continued
job growth and incipient wage gains.
From TD Securities» Millan Mulraine: Labor
market underperformance: The small business sector has generally been a key source of employment
growth in the US economy, accounting for close to 55 % of all the private sector
jobs created between mid-2003 and the beginning of the last recession.
A number of skeptical analysts have used
job growth in the lower - wage «leisure and hospitality» sector to support their arguments that the labor
market is merely optically healthy.
Moreover,
in Europe, Italy's new Prime Minister, Enrico Letta, has taken a different tack than his French neighbors by acknowledging that sustainable
growth does not come from government spending programs but rather from policies such as labor
market flexibility,
job training and simplification of Italy's archaic civil justice system.
Of these weaker data points to which Poloz makes note, the most concerning are the drop
in non-energy exports, anemic wage
growth and a disappointing
jobs market.
After years of rapid
growth, the brand reported its second straight quarterly loss
in August and said it was cutting about 280
jobs — 2 percent of its global workforce — as part of a restructuring to adapt to changes
in the
market.
The
job market has proved remarkably resilient even as quarterly
growth has wobbled, and the unemployment rate sank to 4.5 percent
in March, the lowest
in nearly a decade.
If the whole thing — the rises
in stock prices,
in corporate earnings,
in the housing
market, even
in job growth — is driven solely by the flood of money, or whether five years of zero - interest rates and trillions of dollars
in bond purchases have succeeded at getting a more resilient economic engine for the United States up and running.
«The
job market will soon be tight enough to support a meaningful acceleration
in wage
growth.»
We have yet to see this play out —
jobs growth has been steady for 72 straight months, jobless claims have been falling and confidence
in the labor
market is at a nine - year high — but the divergence between profits and employment is something to keep an eye on.
The below chart illustrates U.S. oil production (
in gold) vs. FED's balance sheet (
in blue), and how overproduction from accommodative monetary policy resulted
in the sharp decline
in oil prices, creating a systemic risk that was again transmitted from financial and commodity
markets to the real economy (
in job losses and slow
growth in Texas and other oil producing states, as well as the decline
in headline inflation, pushing the Federal Reserve further from the price stability objective):
Job growth is expanding with unemployment rate declining, and the monetary policies of the Fed could lead to further improvements in the job mark
Job growth is expanding with unemployment rate declining, and the monetary policies of the Fed could lead to further improvements
in the
job mark
job market.
While the United States experienced net
job losses
in 2001 and 2002, the Canadian labour
market surged with 2002
in particular being the strongest recorded labour
market growth on record.