Sentences with phrase «labor market slack continues»

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

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.

Not exact matches

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.

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.

If the economy were to grow at the pace I discussed earlier, this would likely translate into sufficient job gains to continue to remove any remaining slack in the labor market — which, by my assessment, is already operating quite close to a level that is consistent with what is achievable on a sustainable basis.