Sentences with phrase «tightening labor market conditions»

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.

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.

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.

Not exact matches

In particular, to the extent that the effect on inflation of further gradual tightening in labor market conditions is likely to be moderate and gradual, the case to tighten policy preemptively is less compelling.

The key takeaway from the report is that it continues to underscore a condition of tightening supply in the labor market.

but the tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labor market.