Sentences with phrase «tight labour market»

The overall strength of the economy has contributed to tight labour market conditions, with the unemployment rate down to 4.4 per cent, a level last seen 15 years ago.
Studies of periods of tight labour markets like the late 1990s and 1960s make it clear that the best social programme for disadvantaged workers is an economy where employers are struggling to fill vacancies.
I don't know about positive energy, but decreasing law school enrollment given the very tight labour market would be a start.
Hiring for baby boomers will continue to improve as the continued tight labour market will force employers to look to older workers to fill their needs.
Household spending continues to grow solidly, supported by a relatively tight labour market, with the unemployment rate remaining at historically low levels.
promise to deport 11 million workers — because they presumably entered the country illegally — will have a dangerous impact on America's currently tight labour market.
It is possible that these effects will pass and that the normal relationship between tighter labour markets and higher wages will reappear.
Hopefully, those who are unemployed in the current tight labour market aren't stigmatised as employers tend to view them as more risky hires.
Last year, Western Canada's active resource industries and tight labour markets attracted more than 70,000 Canadians to Alberta and British Columbia from other parts of the country.
«Employment levels continue to improve, resulting in tight labour markets and increasing salaries; and stable interest rates have led home buyers to feel confident that the cost of borrowing won't spike any time soon.»
In particular, they noted that, among other factors, pressure on margins from strong competition and a faster - than - expected pick - up in productivity growth could delay the pass - through of tighter labour market conditions to inflationary pressure.»
Household consumption continues to be a key contributor to overall growth, propelled by a relatively tight labour market and rising house prices, which are up by around 15 per cent over the past year.
He said the cuts were happening against a backdrop of a «very tight labour market» and as vocational routes into employment are being undermined».
Part of the problem is that Trump's promise to deport 11 million workers — because they presumably entered the country illegally — will have a dangerous impact on America's currently tight labour market.
It is anticipated that a continuing tight labour market, robust income growth and high levels of consumer confidence will help to offset the dampening effect of rising mortgage carrying costs on the demand for new and existing homes in B.C. Housing starts should decline from 39,195 units in 2007 to 33,250 in 2008 and 31,700 in 2009.
Therefore, the Fed likely will need to raise borrowing costs to contain inflation, as a lower jobless rate suggests a tighter labour market that will exert upward pressure on wages.
Offering PRPPs could give some businesses an edge to attract talent in the province's tight labour market.
«We are distressed that wage rates have barely kept pace with inflation since the global downturn, which is not indicative of a tight labour market.
The Fed left its key short - term rate at 1.5 per cent to 1.75 per cent — the level it set in March after its sixth increase since December 2015 — as it gradually tightens credit to control inflation against the backdrop of a tight labour market and a pickup in consumer prices.
Some pick - up in wage growth in response to the tighter labour market would also be a welcome development.
«The tight labour market is putting some upward pressure on wages, and this should continue as we look for the unemployment rate to trend lower,» said Ryan Sweet, senior economist at Moody's Analytics in West Chester, Pennsylvania.
Kenney also said the government is particularly unhappy that wages have not kept up with inflation, which does not suggest a tight labour market.
Earnings growth, however, has picked up noticeably, reflecting the tight labour market conditions.
Higher wages sparked by a tight labour market and higher minimum wage mandates in several states.
He warned that providing a career structure for researchers is a necessity, not a luxury, if universities are to compete for numerate graduates in an ever - tighter labour market.
Squeezed budgets combined with a tight labour market means that teacher supply agencies are having a field day at schools» expense right now.
In Singapore's tight labour market, human resource practitioners have found workers are in a better state to cherry - pick positions to fill, and as such go «job shopping» — a term recently coined to describe the labour market's state of affairs.
A tight labour market will mean higher salaries and more money in people's pockets.
A tight labour market and robust income growth will partially offset the dampening effect of rising mortgage carrying costs on the demand for new and existing homes, says CMHC.
Manitoba's solid economic performance and tight labour market conditions have boosted net migration to levels not seen since 1982 and have contributed to healthy levels of new home construction.
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