When the U-3 unemployment rate suggested that the economy was approaching full employment, Chair Yellen held her ground and directed market participants to look at broader economic indicators for
signs of labor market slack (please see: Yellen's opposition to following «simple monetary policy rules»).
They said they wanted to see more data to determine if May's paltry job growth of 38,000 was an anomaly or
a sign of a labor market slowdown.
Not exact matches
The U.S.
labor market is widely viewed as close to full strength and inflation has shown
signs of moving closer to the Fed's 2 % target.
«True, there are encouraging
signs of economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those economic improvements will not be sufficient to absorb the major
labor market imbalances that built up in recent years.»
Japan «s unemployment rate held steady in October as the availability
of jobs improved and household spending fell at a slower pace, a tentative
sign that a robust
labor market is lending support to domestic demand.
«If you see a few more months
of improvement
of this magnitude, it is a clear
sign that the
labor market is tightening and is poised to break out next year,» said Ryan Sweet, senior economist at Moody's Analytics in West Chester, Pennsylvania.
Keys parts
of the annuity
market stabilized in the fourth quarter, a
sign that the industry might be recovering from the chilling Department
of Labor fiduciary rule.
While this is a particularly good
sign for hard - to - employ workers, it also highlights a potential future problem: the supply
of workers outside
of the
labor force and willing to reenter the
labor market will become a constraint over time.5
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.
In reality,
labor markets are not so tight and there is just no
sign of higher inflation in the near - term.
Indeed, there are some
signs that meaningful wage growth, one
of the factors that had been missing from this
labor market recovery, may be on the horizon.
The number
of U.S. workers filing new applications for unemployment benefits fell by 27,000 last week to a seasonally adjusted 341,000, the latest
sign of an improving
labor market.
Additionally, most FOMC participants also saw relatively low risks
of unwanted increase in inflationary pressures amid tighter
labor market conditions, and there are
signs that the risk management argument (asymmetrical risk with policy rate near effective lower bound) is gaining traction as well.
Economic growth is further supported by steadily improving
labor conditions, expanding credit creation, significantly de-leveraged consumers and corporate balance sheets, and even
signs of an improving housing
market and modest inflationary pressures.
As noted last month, the extremely low level
of initial claims is widely viewed as a
sign of strength for the
labor market.
As a member
of the Sustainable Food Trade Association (SFTA), we've
signed a pledge committing to reporting annually the company's performance in the 11 - action categories that include organic & land use, distribution & sourcing, energy, climate change & emissions, water use & quality, solid waste reduction, packaging &
marketing materials,
labor, animal care, sustainability education, and governance & community engagement.
Furthermore, the perennial areas
of acute shortages (mathematics, science, special education, and bilingual education) thus far show little
sign of response to
labor market demand.Darling - Hammond, L., Furger, R., Shields, P. M., & Sutcher, L. (2016).
Labor market conditions have shown
signs of improvement in recent months but the unemployment rate remains elevated.
While oil prices are likely to recover and the
labor market is improving, there are
signs that expectations
of future inflation are falling somewhat.
Placing the right sections is a
sign that you're aware
of what's going on in the current
labor market.
Despite these negative indicators, we now see early
signs of recovery in the
labor market.