Sentences with phrase «market nears full employment»
US inflation has picked up in recent months to around the Fed's target, amid firming wages as the labour market nears full employment and a late - cycle Republican tax - cut and Congress spending increase.
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«The surge in market volatility has led to lower consumer confidence and the economy is near full employment.
The labor market is considered to be near or at full employment.
But spending remains underpinned by a strong labor market, which Fed officials consider to be near or a little beyond full employment.
The contention that we are at or near full employment ignored labor - market realities.
New infrastructure spending would make the job market even tighter than it is now: unemployment is near 5 % which is considered near - full employment.
The pace of wage growth has been restrained amid excess slack in the labor markets, but the labor force participation rate has recently stabilized and labor markets are currently nearing full employment, supporting core inflation.
«Recent employment data is starting to show some pick - up in wage growth as the labor market edges near full employment,» adds Yun.