Not exact matches
That's important as the change toward
labor quality becoming the most important problem for more employers suggests that economic concerns are shifting from
weak demand to tight supply.
«In the presence of uncertainty and the absence of accelerating inflationary pressures, it would be unwise for policy to foreclose on the possibility of making further gains in the
labor market,» she said, adding that «disinflation pressure and
weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in global markets could again pose risks here at home.»
Consumer
demand remains
weak, forcing many businesses to cut
labor costs and raise prices in an effort to remain profitable.
«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.
This did not occur at the end of the Great Recession due to historic price declines, excess inventories and pent - up housing
demand associated with a
weak labor market.