Not exact matches
The
labor market is tighter
than it has been in decades, with unemployment near an all - time low at 4.1 % and unfilled job openings near an all - time high at about 6 million.
One, the quits rate fell during the 2007 - 09 recession and has been slower to recover
than other
labor market indicators because workers lacked confidence to leave their jobs for greener pastures.
Minutes from March's FOMC meeting show that members are more worried about the
labor market than inflation.
He identified three obstacles that could affect any possible recovery in the global employment rate: «Over the fore ¬ seeable future, the world economy will probably grow less
than was the case before the global crisis,» complicating «the task of generating the over 42 million jobs that are needed every year in order to meet the growing number of new entrants in the
labor market.»
With the
labor market tighter
than it has been in decades, workers who've been yearning to change jobs finally have their moment.
The
labor market recovery so far has made up less
than half of the prime - age employment lost in the recession.
Our old professor was a bit more upset about it, though, partly because the college milks those guys more
than a Libyan trafficking gang (albeit the access to the
labor market is a lot better at the end of the process).
«For these companies, maintaining a presence in key growth
markets abroad is a priority, and so they are adapting to trends such as rising
labor and shipping costs in China, rather
than shying away from opportunities in global
markets,» says Esch.
It had more
than 90 questions, everything from details on the local
labor market to the site's susceptibility to hurricanes, sinkholes, and floods.
As the
labor market in the U.S. tightens, employers have turned to perks like paid time off, maternity leave, and signing bonuses — rather
than higher wages in some instances — as the carrots they dangle to attract new talent.
On Wall Street, stocks rose on Friday after job growth surged more -
than - expected in June, reaffirming
labor market strength that could keep the Federal Reserve on track for a third interest rate hike this year.
«The recent behavior of both nominal and real wages point to weaker
labor market conditions
than would be indicated by the current unemployment rate,» Yellen said in a speech to central bankers last week.
Job growth ground nearly to a halt in May, with the U.S.
labor market having its worst performance in more than five years, the Labor Department said Fr
labor market having its worst performance in more
than five years, the
Labor Department said Fr
Labor Department said Friday.
It usually requires an explanation on the order of infinite retention («yes, our sales and
marketing costs are really high and our annual profit margins per user are thin, but we're going to keep the customer forever»), a massive reduction in costs («we're going to replace all our human
labor with robots»), a claim that eventually the company can stop buying users («we acquire users for more
than they're worth for now just to get the flywheel spinning»), or something even less plausible.
Since the 1990s, the total taxation of the Swedish economy as a percentage of GDP has fallen more
than 5 %, while
labor market reforms, such as Denmark's cutting of unemployment benefits have helped Scandanavian economies rocket up measures of economic freedom.
To combat a tightening talent
market, companies must focus on improving productivity and operational efficiencies, rather
than relying on cheap and plentiful
labor, as some have in the past.
In that scenario, I would expect no more
than one Fed policy rate hike this year, as
labor market strength has been the highlight of recent economic performance.
«The recovery in the
labor market is probably going to be more sluggish
than the Fed recognizes,» Michael Hanson, senior U.S. economist at Bank of America in New York and a former Fed economist, told the news service.
ER: Federal Reserve staff forecasts, like those of the bulk of private forecasters, see the
labor market tightening considerably over the next three years — and this is the case even assuming more rate increases
than are currently anticipated by
market participants and reflected in
market rates.
More importantly, millions of Americans have been jobless for more
than 6 months, and many adults apparently have left the
labor market permanently.
It was often cheap
labor in emerging
markets that, more
than two decades ago, led companies in developed
markets to move company jobs away from the home country either to company owned facilities (off - shoring) or to third parties (out - sourcing) in developing
markets.
Empirically, the links in the chain between tight
labor markets, wage pressure, and price pressure appear much weaker
than they were decades ago, a point Ben Spielberg underscores in the recent podcast we did on the Federal Reserve (which some have found surprisingly entertaining!).
Furthermore, it is not clear that wages in the Russian Far East are lower
than wages in northeastern China, and the declining Russian population has raised concerns over the supply of
labor and the true potential of the domestic
market.
This potential relaxation of fiscal constraints is significant, particularly when you consider that the economy, specifically the
labor market, has less slack
than at any point in the post-crisis period.
The essence of the global financial bubble is that savings are diverted to inflate the stock
market, bond
market and real estate prices rather
than to build new factories and employ more
labor.
And for all the muddle, the one thing that seems clear is that the risks to the economy and particularly the
labor market — which is generating solid job growth and even some wage gains (for which we should all give Chair Yellen and the Fed serious credit)-- remain «asymmetric:» there's a greater risk of needlessly slowing non-inflationary growth
than there is of inflation accelerating.
Factors that could cause actual results to differ materially from those expressed or implied in any forward - looking statements include, but are not limited to: changes in consumer discretionary spending; our eCommerce platform not producing the anticipated benefits within the expected time - frame or at all; the streamlining of the Company's vendor base and execution of the Company's new merchandising strategy not producing the anticipated benefits within the expected time - frame or at all; the amount that we invest in strategic transactions and the timing and success of those investments; the integration of strategic acquisitions being more difficult, time - consuming, or costly
than expected; inventory turn; changes in the competitive
market and competition amongst retailers; changes in consumer demand or shopping patterns and our ability to identify new trends and have the right trending products in our stores and on our website; changes in existing tax,
labor and other laws and regulations, including those changing tax rates and imposing new taxes and surcharges; limitations on the availability of attractive retail store sites; omni - channel growth; unauthorized disclosure of sensitive or confidential customer information; risks relating to our private brand offerings and new retail concepts; disruptions with our eCommerce platform, including issues caused by high volumes of users or transactions, or our information systems; factors affecting our vendors, including supply chain and currency risks; talent needs and the loss of Edward W. Stack, our Chairman and Chief Executive Officer; developments with sports leagues, professional athletes or sports superstars; weather - related disruptions and seasonality of our business; and risks associated with being a controlled company.
Labor markets are much tighter
than anytime in the past 50 years.
As a result, even though a tightening
labor market and recently supportive levels of business, consumer, and investor confidence may bode well for the near - term outlook, the hard data currently seems considerably less encouraging
than the soft data.
By some key metrics, the
labor market improved more in 2014
than it had in almost 20 years.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform,
labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher -
than - anticipated costs to open, close or remodel restaurants; increased advertising and
marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the
market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial
markets; risk of doing business with franchisees and vendors in foreign
markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Until we see more pro-growth stimulus and structural reforms (especially in the
labor market), we think QE will serve more as an economic stabilizer
than a solution for Europe's chronically slow growth.
The second thing is that the unemployment rate especially and
labor markets in general are moving toward something that is closer to full employment
than we've seen in a long time.
In other words, for two years of economic recovery, the
labor market in the U.S. has been doing only slightly better
than treading water, and much of the improvement in the unemployment rate can be attributed to people dropping out of the
labor force either because they've given up looking for work or because they've retired.
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.
This
labor market trend is very much in evidence in recent data too, with the service / information industries adding jobs much more rapidly
than goods - producing sectors.
However, a survey of German consumers, who have made a significant contribution to driving growth in Europe's largest economy, came in higher
than consensus expectations during February, as the country's tight
labor market bolstered confidence.
Moreover, in Europe, Italy's new Prime Minister, Enrico Letta, has taken a different tack
than his French neighbors by acknowledging that sustainable growth does not come from government spending programs but rather from policies such as
labor market flexibility, job training and simplification of Italy's archaic civil justice system.
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.
«Immigration affects rents and home prices far more
than it affects the
labor market,» says Mr Nowrasteh.
In the
market money makes money much more rapidly
than does
labor.
«Our
labor challenges are no different
than anyone else in our industry or within the Seattle
market,» Urbina explains.
The
labor republicans sought to create producer cooperatives, believing these to be more productive and that they afforded workers more leisure
than the natural workings of the
labor market.
Despite the weak
labor market, graduates still have better chances of finding good jobs
than do their peers without degrees.
Puerto Rico has far lower wages generally
than any other part of the United States and, in the Krueger Report analysis, that $ 7.25 minimum wage destructively distorts the Puerto Rican
labor market.
«It is increasingly important to look at long - run outcomes of educational policies, including impacts on educational attainment and
labor market outcomes, rather
than just focus on test scores.
This system has for decades produced many more Ph.D. s
than the academic
labor market can absorb.
Beyond the currently dysfunctional
labor market for science jobs, something else that badly needs disrupting is the pernicious ideology that sees scientists seeking off - campus careers as failed academics rather
than as experts who are very valuable to the right employers.
Based on these findings, any shortage in America's scientific
labor market is «most likely a demand - side problem of STEM [science, technology, engineering, and mathematics] career opportunities that are less attractive
than career opportunities in other fields» rather
than a supply - side problem of too few Americans with scientific training, asserted Salzman in congressional testimony presented on 6 November before the House Committee on Science and Technology's Subcommittee on Technology and Innovation.
«The supply of U.S. - born / residents, particularly men, to science and engineering appears to be more responsive to
labor market conditions
than the supply of the foreign born,» Freeman continues.