Sentences with phrase «weak labor market conditions»

«The recent behavior of both nominal and real wages point to weaker labor market conditions than would be indicated by the current unemployment rate,» Yellen said in a speech to central bankers last week.

Not exact matches

Citing persistent weak labor - market conditions and continued global financial turmoil, the Fed says its monetary easing «should put downward pressure on longer - term interest rates, support mortgage markets and help to make broader financial conditions more accommodative.»

The central bank further affirmed that labor market conditions remained weak, that household spending was gaining just modestly, that investment in nonresidential structures was still limited, and that the housing market was staying depressed.

However, conditions remain uneven, with strengthening labor markets supporting solid price gains in some member countries, notably Ireland, Spain and Germany, while other markets, including France and Italy, continue to languish alongside a weaker economic recovery.