Sentences with phrase «near full employment»

However, with the economy nearing full employment, easy money could set off a wage - price spiral reminiscent of 1970s double digit inflation.
Additionally, the new administration's fiscal spending policies could put upward pressure on prices, largely because the economy is already near full employment.
«With the economy at near full employment and the tourism industry firing on all cylinders, we're going to prioritize tourism promotion and tourism investment,» he said in an interview.
The contention that we are at or near full employment ignored labor - market realities.
Finally, there is good evidence that wage growth is accelerating, as the economy resides near full employment.
The majority of leasing activity occurred in markets where there is a strong presence of technology companies or knowledge - intensive industries nearing full employment.
To win in the north - west it needs just 8 % of the vote, barely 1.5 % more than it got in 2004 - the days of near full employment and before the credit crunch; in the West Midlands only an extra 1.6 %; and in Yorkshire and the Humber just 4.3 % more.
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.
That suggests ongoing job growth in an economy many regard as near full employment, with the jobless rate at a 17 - year low of 4.1 percent.
«We think we're at or near full employment in the U.S. Wed expect headline unemployment to dip below 4 percent during this year.»
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.
«Stimulus effects are likely to be minimal because the economy is already near full employment and the tax cuts are strongly tilted away from low - income households that would spend more than their well - off brethren.
The folly of leaving Euratom, trying to engineer a dauntingly complex Great Repeal Bill inside 18 months, limiting immigration at a time of near full employment, and jeopardising the UK's export markets is yet to be fully felt.
And with the U.S. economy near full employment and millions of jobs open in the private sector, the situation is growing more dire by the day.
«The surge in market volatility has led to lower consumer confidence and the economy is near full employment.
«We were already getting at or near full employment
Several Fed committee members suggested that the economy is at or near full employment, or the level of unemployment below which inflation becomes a concern.
In setting interest rates, the Fed relies on a policy tool called the «Phillips curve,» which allegedly shows that as the economy nears full employment, prices rise.
NO: The deficit will boost the economy some, but that is not necessary when the economy is near full employment.
The economy may be near full employment, but wages haven't increased.
The Federal Reserve should raise interest rates, because inflationary pressures are greater than most policymakers admit and the economy is nearing full employment.
Experts say it's the wrong time to cut corporate taxes, since the economy is humming along at or near full employment.
Early on, some Fed officials forecast that inflation would rise as the economy neared full employment.
The Fed governor also made a comparison between the current unemployment and inflation rates with the 2004 - 07 period, when the US economy was near full employment and inflation was higher than 2 percent, thereby making the point that policymakers should hold on to the current federal funds rate and remain extremely cautious when it comes to raising it.
Policy rates are low, many balance sheets are bloated and some countries are near full employment.
Such stability is not surprising, given that many of the same trends remain in place — namely, record levels of new supply coming as job growth is flattening in an economy near full employment.
«We are nearing full employment,» Thorpe said.
a b c d e f g h i j k l m n o p q r s t u v w x y z