Sentences with phrase «tightening labor»

In addition to pressures mounting from a tightening labor force, 21 states are expected to increase minimum wages in 2017.

Also, the tightening labor market along with faster wage gains means that the Federal Reserve is inclined to raise interest rates more frequently.

Further evidence of tightening labor market conditions was reported in the Federal Reserve's beige book, a June report based on anecdotal information collected across the central bank's 12 districts.

Tightening labor markets.

They don't want inflation rates to fall too far, as this limits their ability to boost a weakening economy, but neither do they want tightening labor markets to overheat and lead to accelerating inflation.

Buoyed by a rapidly tightening labor market, job satisfaction among American workers rose slightly for the fourth consecutive year in 2014, and now stands at the highest level since 2008, according to a report released by The Conference Board.

Moreover, tightening labor markets and rising wage rates are directly affecting the bottom line.

Increases in minimum wage rates in many states and tightening labor markets may start to put further upward pressure on this measure of earnings.

However, the stage is set for inflation to accelerate due to tightening labor market conditions, higher oil and energy prices, and rising home prices and apartment rents.

After softening this quarter, real consumer spending is expected to rebound early next year amid a tightening labor market and a renewed decline in gasoline prices, helping to offset persistent economic headwinds.

«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening labor market; limited labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior economist at realtor.com ®, in a statement.

«Over the next two years, the economy will likely stay on a path of around 2 percent growth with a tightening labor market and stronger inflation.»

Beyond interest rates, the biggest concern is the tightening labor market, which could pose a deeper threat to price stability than oil.

Recruiting trends are changing as employers who aim to compete for passive talent must consider adopting social recruiting in their recruitment effort, or risk losing the best employees in this tightening labor economy.

Rural China is also facing a tightening labor supply.

«The tightening labor market, rising wage growth, high levels of consumer confidence and a millennial generation with a pent - up demand for housing should allow the housing market to weather the storm of gradually rising interest rates.»

For instance, the tightening labor market may be starting to show long - awaited wage gains.

The economy is being powered by a tightening labor market, which has largely maintained a strong performance that started during former President Barack Obama's first term.

A tightening labor market has often been cited by the central bank as an important source of inflationary pressure.

Against the backdrop of a tightening labor market and perking inflation, the Federal Reserve is expected to raise interest rates later on Wednesday.

That signals a tightening labor market — and that increased inflation might be on the horizon.

«For the Fed, the underlying momentum is more important in terms of policy decisions, and that looks to be strong, supported by a tightening labor market, rising incomes and high consumer confidence,» Gregory Daco, head of U.S. macroeconomics at Oxford Economics, told Reuters.

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.

While other data on Thursday showed a modest increase in new applications for jobless benefits last week, the number of Americans receiving unemployment aid fell to its lowest level since 1973, pointing to tightening labor market conditions.

Although a tightening labor market has driven up prices in some segments, such as single - family homes, it's «not enough to overcome downward pressure from other factors,» says Zentner, who adds that recent hurricanes likely won't have a lasting impact on national prices either.

But despite low interest rates and a tightening labor market, gross domestic product growth has been underwhelming.

On the wage side, though there's always variance, most wage and compensation series have been stuck at around 2 % year - over-year growth (nominal) with some, but not much, evidence of acceleration in response to the tightening labor market.

For instance, the tightening labor market may be starting to show long - awaited wage gains.

Away from the favorable base effects, inflation is rising thanks to a tightening labor market.

Inflation is expected to breach its target this year as a tightening labor market boosts wage growth.

NRF's forecast follows those from Deloitte and AlixPartners, which call for holiday retail sales increasing between 3.8 and 4.5 percent, thanks to higher online spending and a tightening labor market.

These indicators suggest that reduced unemployment is likely tightening the labor market and driving up compensation.

Highly motivated workers are those who will find work and tighten the labor force more quickly.

A multibillion - dollar investment and thousands of new jobs will raise housing costs, tighten labor markets and clog streets.

«Faster economic growth over most of the past year has tightened labor and product markets and helped to boost prices at a faster pace,» David Berson, chief economist at Nationwide, said in a note.

Tighten the labor market all you want, it won't matter.

Not exact matches

The «modest» wage pressures so far this year mean the labor market is tightening and could well exceed «full employment» next year, Rosengren said.

One reason for this urgency is the sense that labor markets are quickly tightening.

«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.

As the labor market has tightened dramatically, and with employers trying to figure out restless millennial workers, HR's focus has shifted to the warm and fuzzy matter of wooing and winning talent.

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.

Meantime, retailers like Walmart who are raising minimum wages are more likely doing so because the labor market is tightening, meaning it's more competitive to fight for the low - salaried workers that retailers generally employ.

But, we know the labor market is not tightening!

We're seeing a slowly tightening, modestly growing U.S. [labor] market, which is just about at the point now that zero interest rates are no longer necessary.»

Meanwhile, Mr Costello side - stepped the Democrats and struck a deal with Labor, gaining full support for the entire package in exchange for tightening of anti-avoidance provisions.

According to Yamaguchi, «There is pressure for tightening from both the demand and supply sides, as the aging population dampens labor supply, at the same time that it gives rise to labor demand for stable growth in healthcare and social welfare employment.»

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 my view, these developments might suggest a downward revision in the forecast that is large enough to raise concerns about whether further tightening of labor markets is likely,» Eric Rosengren, president of the Federal Reserve Bank of Boston, said on Tuesday.

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

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.