Sentences with phrase «likely tightening the labor market»

These indicators suggest that reduced unemployment is likely tightening the labor market and driving up compensation.

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Meantime, retailers like Walmart who are raising minimum wages are more likely doing so because the labor market is tightening, meaning it's more competitive to fight for the low - salaried workers that retailers generally employ.

«In my view, these developments might suggest a downward revision in the forecast that is large enough to raise concerns about whether further tightening of labor markets is likely,» Eric Rosengren, president of the Federal Reserve Bank of Boston, said on Tuesday.

Although a tightening labor market has driven up prices in some segments, such as single - family homes, it's «not enough to overcome downward pressure from other factors,» says Zentner, who adds that recent hurricanes likely won't have a lasting impact on national prices either.

In particular, to the extent that the effect on inflation of further gradual tightening in labor market conditions is likely to be moderate and gradual, the case to tighten policy preemptively is less compelling.

Mark Hamrick, senior economic analyst at Bankrate.com, said the economy isn't likely to keep churning out 300,000 - plus jobs each month as the labor market keeps tightening.

It is also in the employers» interests in a period where unemployment is already down to five percent, with labor markets likely to be tightening as the boomers retire.

«Over the next two years, the economy will likely stay on a path of around 2 percent growth with a tightening labor market and stronger inflation.»

«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening labor market; limited labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior economist at realtor.com ®, in a statement.

Doll expects that to continue, as labor markets tighten, unemployment likely to fall below 5 percent, and rental rates increase.

As the labor market tightens and the unemployment rate falls, it's likely that wages will be going up, according to Dr. Sam Chandan, dean of New York University's Schack Institute of Real Estate.