Sentences with phrase «weak wage growth»

In addition to higher loan debts than before, today's college graduates are entering a job market with weak wage growth.

Incoming Fed chair Jerome Powell appears set to let an expected tax cut run its course as weak wage growth and inflation buttress his view that the economy remains underpowered.

Wage dispersion between high - and lower - skill industries has declined towards normal levels, driven by weak wage growth in several high - skill sectors.

Powell in statements throughout the year, culminating with his recent Senate confirmation hearing, has been clear he sees little risk of inflation that would prompt the Fed to raise rates faster than expected, and takes weak wage growth as a sign that sidelined workers remain to be drawn into jobs.

The U.K. had been expected to follow close behind the Federal Reserve in raising interest rates for the first time in nearly a decade, but with lower commodity prices and weak wage growth still keeping a lid on inflation, economists now think that the U.K. may not raise rates till 2017 — even though new data out Wednesday showed the employment rate hit a 45 - year high of 74 % in the three months to November.

This points to economic activity and a labor market still running below their potential, a point highlighted by weak wage growth for most Americans.

While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the euro, and on weak wage growth, after the 2003 — 05 labor reforms.

For the first several years» worth of recovery, that took the form of relatively rapid job creation paired with very weak wage growth due to the large stock of unemployed workers.

Even so, the 2.0 % annual reading is still the second poorest reading since Q2 1998, which highlights just how weak wage growth in Australia is.

Incoming Federal Reserve chair Jerome Powell, chosen by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion - dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.

Weak wage growth could also keep the Fed on hold for longer than the market currently anticipates.

In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growth.

The incoming Fed chair appears set to let an expected tax cut run its course as weak wage growth and inflation buttress his view that the economy remains underpowered.

Furthermore, continuing high rates of unemployment and weak wage growth have prevented most workers from adding to their savings.

Treasury yields remained stable with a positive bias after the mixed employment report, as healthy payroll growth was accompanied by an uptick in the Unemployment Rate and weak wage growth.

«But weak wage growth and high levels of unemployment will continue to be a brake on household spending.»

The weak wage growth is a consequence of decade - long subpar economic growth.