Outside the energy - producing regions, consumer confidence remains high and
labour markets continue to improve.
However, the Bank is projecting a return to growth in the second half of 2015, led by the non-energy sectors of the economy: «Outside the energy - producing regions, consumer confidence remains high and
labour markets continue to improve.
«
The labour market continues to be strong, and for the first time in almost a year, earnings have grown slightly after inflation has been taken into account,» senior ONS statistician Matt Hughes said in a statement.
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.
Moody's chief economist, who helps compile the data, noted that the US
labour market continues to power ahead, and job creation was strong across nearly all industries and company sizes, adding «mounting labour shortages are set to get much worse» in the months ahead.
Not exact matches
«There's been a process of very careful, graduated movements while the
labour market has
continued to outperform people's expectations,» Poloz said.
The main risk to the
market continues to be the vulnerability of the highly indebted households to a slump in the
labour market, says Jamie Feehely, managing director of Canadian Structured Finance at DBRS.
Yellen herself said she
continues to think the
labour market isn't as strong as the low unemployment rate suggests, and inflation is well shy of the Fed's second objective of guiding annual price increases to 2 %.
While the near - zero balance of opinion suggests that
labour market slack remains, the indicator has
continued to improve gradually since the oil price shock, as conditions in affected regions have bottomed out.
In fact, we would expect that as the economy
continues to grow and the
labour market improves, those hours will go back up.
The Vancouver Board of Trade is also pleased to see the investment in application processing by the NEB, and a
continued commitment to workforce training and strengthening Canada's
labour market, including the creation of the Canada Apprentice Loan program and assistance for persons with disabilities.
In the United Kingdom, the economy remains buoyant, spurred by a strong
labour market and
continued rapid growth in house prices (Graphs 10 and 11).
Labour markets in the region
continue to improve, though some slack remains.
Another area of
continuing strength is the US
labour market.
Subsequently, with
continuing strong activity indicators, stretched
labour markets and signs of possible pipeline price pressures (although core consumer prices remain benign), the Federal Reserve tightened monetary policy by 25 basis points to 5 per cent in June and then 5.25 per cent in August (Graph 5).
Also, the
labour market in Europe
continues to make only very slow progress with unemployment falling from a peak of 12.1 % in April 2013 to 10.3 % in January 2016, contrasting sharply with the steeper declines seen in the US and the UK over the past five years.
The strong
labour market conditions of 2003 have
continued into early 2004 (Graph 42).
In its July statement, the FOMC noted that the
labour market has «
continued to strengthen» and «conditions will strengthen somewhat further» in the months ahead.
Yet the cyclical episode is far from over, as housing activity
continues to contract, housing prices fall and the
labour market softens.
The
labour market has also remained weak, with the unemployment rate
continuing to hover around 5 1/4 to 5 1/2 per cent, as has been the case for the past 18 months or so.
Household spending
continues to grow solidly, supported by a relatively tight
labour market, with the unemployment rate remaining at historically low levels.
The profits recovery has been driven by
continued strong productivity growth in conjunction with subdued compensation growth (due to the weak
labour market), which has seen unit
labour costs fall by 5 per cent since June 2001 — the largest fall on record (Graph A4).
Nonetheless, household spending
continues to be supported by a strong
labour market, with employment growing by 4.4 per cent over 2004 and the unemployment rate declining to an historically low 3.6 per cent.
The
labour market, meanwhile,
continues to benefit from the economy's strong performance over 1997 and early 1998, and unemployment remains below the levels of a year ago.
While all states recorded falling unemployment rates over the year and an increase in the pace of year - ended employment growth in the March quarter,
labour market performance
continues to diverge.
Household consumption
continues to be a key contributor to overall growth, propelled by a relatively tight
labour market and rising house prices, which are up by around 15 per cent over the past year.
The onset of a long period in opposition for social democratic standard - bearers such as
Labour in Britain and the SPD in Germany, coupled with
continuing slow growth, high unemployment and falling unionisation, led the parties of the Socialist International into a comprehensive accommodation with neo-liberalism — albeit one wrapped in soothing social
market rhetoric and homeopathic concessions at the margins.
This trend of rising unemployment
continued through the last quarter of 2011 and the beginning of 2012, but there were increasing signs of stabilisation in the
labour market and by March 2012, although unemployment showed a rise of 28,000 compared to the previous quarter, this was 5,000 below the headline figure of the previous month.
Two - thirds of the increase in unemployment was accounted for by women, who
continue to be hit hardest by the deterioration in the
labour market.
The Tories will
continue to press forward with
labour market reform making real people's lives increasingly difficult and unsustainable.
He added: «Under the next
Labour government the big six firms will not be allowed to
continue to act like a cartel that prevents new
market entrants or drive down standards.
'' [
Labour's] housing
market renewal programme bulldozed 10,000 homes, whilst only replacing 1,000,» he
continued.
And if the
markets continue to turn against the euro, does
Labour have any ideas for an orderly restoration of national currencies?
Elsewhere in the interview, Mr Corbyn also rejected calls for
Labour to pledge a Norway - style Brexit, where the UK would
continue paying into the EU's coffers in order to gain access to the single
market.
Even the recession hit younger people hardest - the employment rate of those aged over 50
continues to be at record levels, despite the downturn in the
labour market.
But, if
Labour continues to go along with Brexit and insists on leaving the Single
Market, the handmaiden of Brexit will have been the timidity of
Labour.
Labour Remainers were hoping to debate the idea of the party fighting to keep Britain in the single
market permanently and crusading to
continue free movement.
I hope to do three things: first, look at the value and the challenges that immigration has brought and
continues to bring to the UK; second, lay out where I think the Government is getting hold of the wrong end of the stick; and third, suggest some areas that
Labour believes need to be addressed in making migration work for everyone, especially in relation to the labour market, the EU, sham marriages and the push factors in international migr
Labour believes need to be addressed in making migration work for everyone, especially in relation to the
labour market, the EU, sham marriages and the push factors in international migr
labour market, the EU, sham marriages and the push factors in international migration.
If a buyer can't be found - and the
Labour leadership plays its cards right - this could be a turning point in the
continued decline of free
market fundamentalism in the UK.
He said: «It is important for organisations like Working Links to
continue to monitor
labour market trends and work closely with employers to ensure jobseekers find jobs they are capable of doing.
«If
Labour continues to go along with Brexit and insists on leaving the single
market, the handmaiden of Brexit will have been the timidity of
Labour,» he warned in an article published on his institute's website.
Constituency
Labour parties (CLPs) tabled a motion committing the party to
continuing membership of the Single
Market but this was trumped by a last - minute statementfrom the Scottish Executive Committee (SEC), so anodyne it was guaranteed to pass, for SEC statements always take precedence over CLP motions.
He said
Labour would
continue to campaign against what he called the «harsh, free -
market, small - state dogma» of a «Tory Brexit».
So far, the
Labour leader has maintained that single
market membership can not
continue when the Britain leaves the bloc.
Catherine Stihler, a Scottish
Labour MEP who has championed
continued single
market membership, urged
Labour to embrace a Norway - style option of joining the European economic area (EEA), as that had the greatest chance of protecting jobs, wages and production.
Barry Gardiner has suggested that
Labour could back the UK's
continued membership of the single
market after Brexit - a day after John McDonnell ruled it out.
The lesson then
continues by looking at how mobility of
labour and the immobility of
labour can have a huge impact on the
labour market.
This lesson
continues with the
labour markets and covers two important topics.
The central bank sees ongoing slack in the
labour market, likely referring to
continued weakness in average hours worked.
Vietnam
continues to deliver 6 % + GDP growth & tame inflation (at 2.4 %), bank NPLs have been partially resolved & property prices are climbing again, and its
labour market dynamics
continue to attract supply chain relocation within Asia.