Sentences with phrase «unemployment rate declines»

While the unemployment rate declines for adults aged 30 years and over, the rate of unemployment among Indigenous Australians remains more than double that of all Australians.

The Committee continues to anticipate, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate well past the time that the unemployment rate declines below 6-1/2 percent, especially if projected inflation continues to run below the Committee's 2 percent longer - run goal.

The Committee now anticipates, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate well past the time that the unemployment rate declines below 6-1/2 percent, especially if projected inflation continues to run below the Committee's 2 percent longer - run goal.

As the unemployment rate declines, consumer's confidence has increased and likewise a rising unemployment rate brings lower consumer confidence.

Recent formal policy statements have said Fed officials anticipate «it likely will be appropriate» to keep the interest rate near zero «well past the time that the unemployment rate declines below 6.5 %.»

«Averaging through hurricane - related fluctuations, job gains have been solid, and the unemployment rate declined further,» the Federal Open Market Committee said in a statement Wednesday following a two - day meeting in Washington.

The economy may be recovering and the unemployment rate declining, but jobs are still hard to come by these days, which means states need to work harder than ever to attract new investment.

The unemployment rate declined to 7.4 %, from 7.6 %, partly because more workers stopped looking for jobs.

On Friday morning, the Bureau of Labor Statistics reported the U.S. economy added 235,000 jobs in February, and the U.S. unemployment rate declined to 4.7 percent.

Year - on - year, the unemployment rate declined from 5 to 4.3 percent, with as many as 215,000 individuals finding employment.

Particularly noteworthy in recent months has been the performance of the labour market, with employment posting a series of big increases and the unemployment rate declining to its lowest level since the 1970s.

Job growth is expanding with unemployment rate declining, and the monetary policies of the Fed could lead to further improvements in the job market.

The November Payrolls was optically strong with headline job growth at 178,000 vs. 180,000 consensus (two month net revision at -2,000), the U3 unemployment rate declined to 4.6 % vs. 4.9 % expectations, and the U6 figure fell to 9.3 % vs. 9.5 % prior.

Along with the pick - up in activity, there are tentative signs that conditions are improving in labour markets across the region, with the unemployment rate declining slightly in a number of countries.

Nonetheless, household spending continues to be supported by a strong labour market, with employment growing by 4.4 per cent over 2004 and the unemployment rate declining to an historically low 3.6 per cent.

Employment has been broadly unchanged over the past year, having fallen for much of the past six years, with the unemployment rate declining to 5.1 per cent by September — its lowest level in two years.

The state Labor Department says New York's statewide unemployment rate declined from 6.2 to 6 percent last month, reaching its lowest level since October 2008.

In a sustained low interest rate environment such as the United States, unemployment rates decline and businesses have access to loan funds at reasonable rates.

Many think the only reason the unemployment rate declined is because things got so bad, Canadians began dropping out of the job market altogether, so they weren't counted.

Labor market conditions improved, with the unemployment rate declining further.

Despite the unemployment rates declining, reaching record lows in October 2015 according to the Bureau of Labor Statistics, the job market has become more rigorous for the seeker.

Since January 2003, unemployment rates declined slightly to an average 8.75 percent in the boroughs from 9.05 percent, while manufacturing activity steadily increased, creating more jobs to support several new retail developments, which will bring more tax dollars to the area.

Not exact matches

«The difficulty is that the growth rate has been little more than the increase of supply, so we have growth... but very modest declines in the unemployment rate,» he said.

At various points in the Clinton, Bush, Obama, and Trump administrations, new stock market records and historically low unemployment rates were used as a synonym for a booming economy, or after the financial crisis, to signal that the economy was recovering — even though many workers and households experienced stagnating or steadily declining incomes for years or even decades.

«Job gains have been solid in recent months and the unemployment rate has declined,» the Fed said in its policy statement.

Their unemployment rates go up even when the inflation - adjusted value of minimum wage declines, because macroeconomics swamps all.

If, in contrast, the Fed were to raise rates now, before the economic recovery is fully entrenched, house prices might resume declines, the values of businesses large and small would drop, and, critically, unemployment would likely start to rise again.

Sure, the unemployment rate has declined significantly since the recovery began, but much of that is due to the falling labor - force participation rate.

If growing unemployment was not enough, a decline in labor market participation was also on the rise, the ILO said, a warning borne out by the latest U.S. jobs data from December which showed that the labor force participation rate tumbled to 62.8 percent, its worst level since January 1978.

«The unexpectedly swift decline in the unemployment rate in recent years has in large part been attributed to a drop in the labor force participation rate.

The second condition for declining rates will likely be satisfied too: housing unit sales have now been declining for months, unemployment has remained stubbornly high, and economic growth is still sluggish.

A 2013 survey conducted near its Tasiast mine in Mauritania by local sociologists found that the number of households living below the poverty line had been cut by more than half since 2011 and the unemployment rate had declined from 47 per cent to 24 per cent.

After studying the decline in U.S. crime rates that occurred in the 1990s, it concluded that a drop of two percentage points in unemployment was responsible for a 9 % decline in burglary, 14 % drop in rape and robbery and 30 % plunge in assault.

Monthly data released this week of course included the positive jobs report and the big decline in the unemployment rate.

But Seattle has also seen rising housing prices and gentrification, and its unemployment rate has not declined significantly.

The state's labor market is also suffering: The November 2015 unemployment rate of 6.5 % was the third highest in the country, and West Virginia was one of only five states to see a drop in nonfarm payroll employment between November 2014 and November 2015, with a 1.4 % decline.

Back in December, the bank pegged a rate hike to a decline in the unemployment rate to 6.5 %, provided inflation stays within 2.5 %.

The consensus, according to Bloomberg, is for an increase of 220,000 non-farm payroll jobs in April (with a range of estimates between 180,000 and 335,000), and for the unemployment rate to decline to 5.4 %.

«A stress test that claims that if the Dow falls by 60 %, the unemployment rate rises to 12 %, housing prices decline substantially more than they did during the 2008 recession, GDP declines by 6 - 7 % — and that all of that can happen and no bank will be in serious financial trouble or have any problem of being undercapitalized or illiquid — I kind of think says more about itself than it says about the health of the banking system.»

Then... this is the best part... he made it clear that a 6.5 percent unemployment rate would not necessarily be the threshold for raising rates, then went on a long discussion of the conditions under which he would NOT raise rates, including if the unemployment rate dropped mostly due to cyclical declines in the labor force participation rate rather than gains in unemployment, as well as persistently low inflation.

This is a bit faster than our current estimate of trend growth in the Australian economy, so we expect to see a gradual decline in the unemployment rate.

Conversely, U.S. news of larger - than - expected unemployment rates and weekly unemployment claims caused Treasury yields to decline.

Economic growth has been falling since 2010 and the economy has been operating below its potential since then; employment growth, particularly full time employment growth has struggled; in 2014 only 121,000 jobs were created; employment growth has not kept up with population growth; labor force participation has declined to its lowest level since 2000; long - term unemployment has increased; the unemployment rate remains stuck at just under 7 per cent, and youth unemployment is at 14 per cent; business investment has stagnated; and Canadians are losing confidence in their economic future.

By 2019, I expect the unemployment rate to have declined below 4.5 percent.

The unemployment rate slipped to 7.3 %, which was more of a function in the decline in the participation rate to 63.2 % from 63.4 % (the lowest in the last 35 years).

The labour market had tightened as the unemployment rate had declined by around 3 percentage points in two years, and wage pressures were building.

The unemployment rate has declined from a peak of 10 percent in October 2009 to 7.6 percent in March; however, much of the decrease is due to a fall in the number of people actively looking for a job.

Pushing past even 2 % on a sustained basis will require the avoidance of any recession in the years ahead, along with a continued decline in the unemployment rate below 4.1 %, or an acceleration of productivity growth beyond anything we've observed in recent decades.

As such, I anticipate that the unemployment rate will decline only modestly through the rest of the year.

Likewise, if the rate of unemployment stays relatively constant this month, that will represent a fairly strong decline in the momentum of unemployment, which would also be a positive.