The findings demonstrate the feasibility
of improving labor market preparation and successful school - to - work transitions without compromising academic goals and preparation for college.
Considering that low - income and low - educated youngsters mostly access informal and temporary jobs that do not provide any learning skills opportunity, their chances of
improving their labor market opportunities are scarce, and therefore, their chances of social mobility (Schkolnik, 2006).
«While aggregate income growth has gradually picked up with a
continually improving labor market, consumers» assessment of their income over the past year has not yet shown sustained improvement, partially weighing on overall sentiment.
Still, the combination of a
slowly improving labor market, moderate economic growth and record - low mortgage rates is finally shoring up the housing market.
Despite the unemployment rate dropping to 8.2 percent, the lowest rate in more than three years, it is not indicative of
improving labor market conditions, as the rate was driven by a substantial decline in the labor force.
Deloitte cited
the improving labor market, increasing home values and lower gas prices as helping contribute to improved consumer sentiment.
In a study that looked at U.S. regions where at least 80 percent of workers commute, Goldman found uneven results:
Improving labor markets and declines in mortgage delinquency, but not enough to translate to substantial retail spending gains on a national level.
Wages: Respondents also expect
an improved labor market to produce real wage gains, with hourly compensation rising 2.6 percent next year after this year's 3 percent gain.
Instead, the FOMC focused on
the improving labor market while brushing off concerns about slowing inflation.
Yellen added that household formation has been depressed, but expects
that an improving labor market will see this pick up and bolster the housing market.
Economic growth for the Eurozone is also projected to be above trend, 2.4 % this year and 2.0 % in 2019, supported by continued monetary stimulus,
improving labor markets, and healthy external demand.
Federal Reserve officials referred to
an improved labor market last week as they announced the end to a third round of quantitative easing while repeating a pledge to keep interest rates low for a «considerable time.»
In the minutes of their December meeting, Fed officials signaled stronger economic growth and
improving labor markets would likely offset any inflation slowdown caused by oil's slump.
[U] nderpinned by
an improving labor market, better household balance sheets, favorable financial conditions, a healthier housing market as household formation gradually returns to levels that are more closely aligned with demographic factors, higher nonresidential investment as firms finally upgrade aging capital stock, and a smaller fiscal drag.
«Rising equity markets,
improving labor market conditions, rising home values and relative stability in Washington has consumers feeling more optimistic as we turn the corner into 2014,» said Lindsey Piegza, chief economist at Sterne Agee.
An improving labor market and steady wage gains have offset the rise in interest rates since Donald Trump's U.S. presidential win in November and tight inventories nationwide, analysts said.
Since many of these graduates are student loan debtors, the Department of Education may be inclined to increase interest rates in accordance with
the improved labor market and ability to repay student loans.
According to the above - referenced USAToday article, Goldman Sachs Chief Economist Jan Hatzius says wages will rise only slowly as discouraged workers who stopped looking for jobs stream back into
an improving labor market.
In December, the Fed raised its benchmark interest rate for the first time since the financial crisis, partly because of
the improving labor market.
Yun adds, «Given
the improving labor market and historically low interest rates, more buyers are anticipated to enter the market next year.»
«Housing demand is clearly rising from
the improving labor market, but supply is still not kicking higher,» Yun said.
«Uncertainty regarding
the improving labor market, expectations of little home price and interest rate movement, and rising household expenses has left consumers feeling less financially secure and translates into weak mortgage demand.
Economists polled by MarketWatch had expected a level of 75.8, with gains from
an improving labor market offset by rising gasoline prices.
And lack of builder lots and home inventory is holding back new and existing home sales in some markets as pent - up housing demand increasingly unlocks with
an improving labor market.
Although sales remain below year - ago levels,
an improving labor market and low mortgage rates are boosting demand, said Lawrence Yun, the trade group's chief economist.
Consumers seem to have gotten out of their summer rut due in large part to
improving labor market conditions and improving attitudes toward employment prospects and future income.
Recent data indicate that the housing recovery has transitioned to a faster upward track, boosted by
an improving labor market and low mortgage rates.
«Home prices extended their gains, supported by continued low mortgage rates, tight supplies and
an improving labor market,» said David Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices.
Still, a recent gauge of home builders showed that they are optimistic about the sales market for single - family homes, thanks, in part, to
an improving labor market.