Sentences with phrase «stronger labour market conditions»
Wages growth has remained moderate in recent quarters, and thus far provides little evidence of any increased pressures despite the stronger labour market conditions over the past year.
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We are seeing relatively strong labour market conditions in the United States, consumers are confident, and the rate of new firm creation is back near pre-recession levels.
In a statement after the end of the two - day policy meeting, the central bank said, «The stance of monetary policy remains accommodative, thereby supporting strong labour market conditions and a sustained return to 2 per cent inflation.»
Consumer demand is being underpinned by strong labour market conditions; the unemployment rate is currently 3.8 per cent, which is its lowest level since the early 1980s.
The strong labour market conditions of 2003 have continued into early 2004 (Graph 42).
Not exact matches
An expected continuation of positive labour market conditions and strong growth in household income, coupled with falling petrol prices and further scheduled tax cuts in July, also point to the pace of consumption growth remaining firm.
With output growth likely to remain strong, labour market conditions will probably tighten further.