Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labour market tightness has allowed for
some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.
Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labor market tightness has allowed for
some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.
Not exact matches
Forget inflation fears — Federated sees earnings as the market story of year Fed's Quarles says it's been «quite some time» since the economy looked this good Fed sees economy past full employment but with only «
moderate»
wage gains
Even with the strengthening labor market, most officials «still described the pace of
wage gains as
moderate», according to the minutes.
«Discretionary dollars for holiday spending are limited for the large pool of lower - and
moderate - income consumers due to lack of
wage gains this year coupled with the increased payroll tax.»
Even with the strengthening labor market, most officials «still described the pace of
wage gains as
moderate,» according to the minutes.