Sentences with phrase «labor market slack»

With the unemployment rate down to just 4.1 %, any increase in wages as a share of GDP should be expected to diminish profit margins from the extremes they've enjoyed as a result of labor market slack in this cycle.

The four - week moving average of continuing claims fell 750, to 1.90 million, the lowest level since Jan. 12, 1974, suggesting a continued decline in labor market slack.

While labor market slack continues to diminish, wage growth is not accelerating and inflation has moved further below the Fed's target.

If this attribution were correct, there would be little labor market slack left in the US economy, and the standard unemployment rate (minus the best - guess nonaccelerating inflation rate of unemployment [NAIRU]-RRB- would be a nearly sufficient target for that slack.

Point being, it is more than widely known that the unemployment rate itself is a very controversial number in terms of accurately characterizing US labor market slack, yet it is supposedly a headline Fed QE decision making barometer.

At present, I think Greenspan wants to keep things near where they are, which allows the economy to grow fairly rapidly to absorb labor market slack.

The most accurate measure of labor market slack (and thus, the most accurate indicator of when the Federal Reserve should raise interest rates) continues to be nominal wage growth, and all signs point to an economy continuing to recover.

The consensus estimate is 182,000 new jobs, reflecting the fact that economists expect job growth to slow somewhat as the unemployment rate and labor market slack continues to shrink.

The message was driven home further by Fed Chair Janet Yellen, who in a congressional hearing in early November asserted that the downside risks to the US economy from global developments had diminished since September and that there has been a significant fall in labor market slack.

The Fed last month gave an upbeat view of the jobs market, saying that labor market slack was «gradually diminishing.»

- David Blanchflower and Adam Posen, «Wages and Labor Market Slack: Making the Dual Mandate Operational.»

A key measure of labor market slack - the number of job seekers for every open position - hit its lowest level since 2007 in December.

When the U-3 unemployment rate suggested that the economy was approaching full employment, Chair Yellen held her ground and directed market participants to look at broader economic indicators for signs of labor market slack (please see: Yellen's opposition to following «simple monetary policy rules»).