The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace,
with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate.
Not exact matches
In a sense, many
labor market indicators for blacks are biased up as those
with weaker
labor force attachment are removed from the sample.
Our analysis shows that wage growth, as estimated by our composite measure of wage pressures, is beginning to accelerate; we also show that
labor market indicators most closely correlated
with wage growth, such as the quit rate, continue to improve.
This argument begs the question about how large correlations should be to be considered as
indicators of adult outcomes, and it also discounts recent research showing that test scores improvements related to effective teachers were correlated
with gains in adult
labor -
market outcomes.
The Committee currently expects that,
with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and
labor market indicators will continue to strengthen.
The Committee currently expects that,
with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and
labor market indicators will strengthen.