Sentences with phrase «remains in the labor market»

She said: «But it is my judgment that the lower level of the unemployment rate today probably does not fully capture the extent of slack remaining in the labor market — in other words, how far away we are from a full - employment economy.»

But the prescription offered by the Taylor rule changes significantly if one instead assumes, as I do, that appreciable slack still remains in the labor market, and that the economy's equilibrium real federal funds rate — that is, the real rate consistent with the economy achieving maximum employment and price stability over the medium term — is currently quite low by historical standards.

Its elevated level suggests that slack remains in the labor market that could prevent wages from breaking out.

Not exact matches

Claims had fallen to 229,000 in the prior week, near a 44-1/2 - year low, and remain well below the 300,000 level generally regarded as signaling a healthy labor market.

«With gasoline prices remaining low (providing a huge windfall to U.S. consumers), confidence sky - high and the buoyancy in labor market activity likely to bolster household income, we expect consumer spending activity to rebound strongly in the coming months,» Mulraine said.

«We will know the labor market is getting tight when we do see a more meaningful upward move in wages,» Powell said in response to a reporter's question as to whether he was satisfied with the pace of wage growth, which remains lackluster by most accounts.

If the economy were to grow at the pace I discussed earlier, this would likely translate into sufficient job gains to continue to remove any remaining slack in the labor market — which, by my assessment, is already operating quite close to a level that is consistent with what is achievable on a sustainable basis.

But even 150,000 job gains per month would be consistent with gradually using up any remaining slack present in the U.S. labor market.

The economists did offer some caveats to their view, adding that risk - reward tradeoffs don't necessarily look attractive, valuations remain high — particularly in U.S. high - yield credit — and there's a growing risk of an overheated labor market and recession down the road.

In other words, the links in the chain that go from a tight labor market, to faster wage growth, to faster inflation, remain uniquely weaIn other words, the links in the chain that go from a tight labor market, to faster wage growth, to faster inflation, remain uniquely weain the chain that go from a tight labor market, to faster wage growth, to faster inflation, remain uniquely weak.

If that doesn't happen, the extent to which wage inequality remains embedded in our economy and labor market means that these recent gains are likely be short - lived.

Labor market reforms have expanded the workforce in Japan, helping explain why wage growth remains limited even with the country's unemployment rate at three - decade lows.

This reflects the fact that, while value is hard to find in the current market — be it in stocks, bonds or cash — there are positive underpinnings: earnings have improved, the labor market has been resilient, technology continues to drive improvement in profitability, and monetary policy across the world remains accommodative.

Unemployment data underlined the extent of the recovery in labor markets, with the ratio of jobless workers falling to its lowest level since 2009, although around a tenth of the workforce still remained out of work.

With an energy - related rebound in inflation fading, signs of improving economic conditions need to be put into perspective, as the output gap across the region as a whole remains large, and so does the slack in its labor market.

With an energy - related rebound in inflation fading, signs of improving economic conditions need to be put into perspective — despite the strong performance of Germany, the bloc's largest economy — as the output gap across the region as a whole remains large, and so does the slack in its labor market.

If growth in America is accelerating, which it seems to be, and any remaining slack in the labor markets is disappearing — and wages start going up, as do commodity prices — then it is not an unreasonable possibility that inflation could go higher than people might expect.

The central bank further affirmed that labor market conditions remained weak, that household spending was gaining just modestly, that investment in nonresidential structures was still limited, and that the housing market was staying depressed.

«The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions,» the Federal Open Market Committee's statementmarket conditions,» the Federal Open Market Committee's statementMarket Committee's statement said.

In the announcement following this month's policy meeting, the Fed stuck mainly to its script, saying that spending is firming, the labor market is stabilizing, and prices remain muted.

But the longer - term story in the labor market remains one of strengths: The United States is creating jobs at an average of more than 250,000 a month.

With the favorable backdrop for US consumers supported by the robust labor market and the ongoing strength of housing and stocks, we think fundamentals remain in good shape.

The statement repeated that «with further gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace in the medium term and labor market conditions will remain strong.»

The retirement age, pension cuts, privatizations and the government's intention to reinstate collective bargaining restrictions in the labor market are all areas where Greece and and its creditors remain far apart, the official said.

They have also made some progress in improving their international competitiveness, though there remains an opportunity for further structural reforms in labor and product markets — and not just in the periphery — to increase productivity and strengthen long term growth prospects.

Via Reihan Salam, Jed Graham argues that the labor market faces some serious downside risks in the coming year as a result of Obamacare regulations and taxes coming on line in the while the economy remains fragile.

Abstract: This article analyzes the impact of classroom characteristics and opportunity wages on four possible labor market choices of teachers in Florida: remaining at their present school, switching schools within a school district, changing school districts, and leaving teaching.

Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated.

The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

As the release stated, «Labor market conditions have shown further improvement in recent months, on balance, but the unemployment rate remains elevated.

Labor market conditions have shown some improvement in recent months, on balance, but the unemployment rate remains elevated.

Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated.

Inflation is expected to remain low in the near term, in part because of earlier declines in energy prices, but to rise to 2 percent over the medium term as the transitory effects of past declines in energy and import prices dissipate and the labor market strengthens further.

Inflation is expected to remain low in the near term, in part because of earlier declines in energy prices, but to rise to 2 percent over the medium term as the transitory effects of declines in energy and import prices dissipate and the labor market strengthens further.

The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.

Inflation is anticipated to remain near its recent low level in the near term, but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of declines in energy and import prices dissipate.

Inflation is anticipated to remain near its recent low level in the near term, but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of earlier declines in energy and import prices dissipate.

Labor market conditions have shown signs of improvement in recent months but the unemployment rate remains elevated.

In the announcement following this month's policy meeting, the Fed stuck mainly to its script, saying that spending is firming, the labor market is stabilizing, and prices remain muted.

U.S. employers added a modest 103,000 jobs in March after several months of robust gains, though the government's overall jobs report suggests that the labor market remains fundamentally healthy.

Although builders are struggling with shortages of labor and lots, as well as higher lumber prices, market conditions on balance remain favorable, and we expect solid growth in the 55 - plus housing sector.»

Today, with most measures of the labor market signaling full employment in the U.S., wage growth has remained weak.

«The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a return to 2 percent inflation.»

«Consumers» assessment of the current state of the economy and labor market remains tepid, and their outlook remains cautious,» said Lynn Franco, director of Conference Board's consumer research center, in a statement.

College - age population growth and subsequent enrollments are expected to remain positive in coming years and balanced with larger labor market trends.

Hospitality fundamentals remain healthy, buoyed by the robust labor market and expanding economy, but this cyclical tailwind remains the last pillar on which hospitality demand rests, as evidenced by the deceleration in revenues.

«Though the main long - term drivers of housing activity remain stalled — namely below average growth in median household income, labor force participation, bank lending and household formation — metro markets continue to get a boost from pent - up demand caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.

However, conditions remain uneven, with strengthening labor markets supporting solid price gains in some member countries, notably Ireland, Spain and Germany, while other markets, including France and Italy, continue to languish alongside a weaker economic recovery.

Although certainly an improvement from the depressed levels of 2009, until 1) the labor market recovery gains any serious traction, 2) lending standards are less stringent and 3) the glut of distressed properties is worked off, gains in homebuilding activity will remain modest.

The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a return to 2 percent inflation,» according to a statement by the Fed.