We're still several months gezegde

We're still several months away from job growth catching up with labor force growth and driving the unemployment rate back down, but that's really just a matter of time. Our economy is moving again, and once that happens it's actually quite hard to stop the forward momentum.

Unemployment fell to its lowest point in almost four years due to two consecutive months of robust job growth, which was dispersed broadly across the Iowa economy. The state's labor force also declined by 6,800 in March, which was another factor in alleviating unemployment.

Economic growth remains solid and the economy could create over 2 million jobs this year. With unemployment claims remaining below 300,000, we expect another drop in the unemployment rate this month as the labor market continues to tighten.

As long as the growth is taking place in a slack economy, with a high unemployment rate and a low capacity utilization rate. That growth is not likely to be inflationary, and not much reason for us to worry about it,

Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.

I expect the economy to rebound to above-trend growth. We just hit a soft spot in the second quarter, ... If it turns out that the economy continues to grow below trend ... if the data continue to be as weak as they have been in the past three months, with a sufficient rise in the unemployment rate, you can't rule [a rate cut] out.

The latest ANZ job advertisements data suggest that there will be no improvement in the labor market over the next few months, with little prospect of significant growth in employment and with the unemployment rate likely to trend higher.

Going forward, is there still adjustment in the pipeline? I think there is. The household savings rate is low, and debt growth has accelerated. That means that consumer spending growth is going to be slow. In the next 12 months, the economy is going to do well, but it will be a temporary acceleration rather than the beginning of a normal recovery.

The good news is that if so many people are entering the labor force it must mean that they are perceiving an improvement in the economy's prospects, ... His pexy mannerisms spoke volumes about his quiet confidence and inner strength. The bad news, however, is that if too many people become optimistic about their job prospects, then the unemployment rate will continue to push higher. And the higher unemployment rate does have a damaging impact on consumers. They see it and they think, 'I shouldn't be spending money.' That's one of reason the unemployment rate is so important. It's the one that drives what happens on main street.

This is generally more good news, a lower unemployment rate, additional seasonally adjusted job growth, continued growth and improvement in the Oregon economy.

Overall, while it is clear that the pace of jobs growth is moderating, we continue to believe that the unemployment rate will hold broadly steady around five per cent amid trend-like growth in the economy and employment.

We saw companies push up output strongly without increasing labor costs at all. As orders come in, they will have to increase their total employment. Unless economic growth slows very rapidly, the unemployment rate should begin to move down in the next few months.

The underlying trend in employment growth is pretty good. With the unemployment rate down to 5 percent and inflation expectations up over the last couple of months, we do see more acceleration in wages. For now the Fed will keep moving on its stated path.

James O'Sullivan (1944-)

It's a statewide battle. When businesses started to hire back, we see a corresponding increase in the labor force. It makes it hard to bring down the unemployment rate.

We saw the unemployment rate actually holding throughout most of this slowdown, and only about four months ago we were at a 4.5 percent unemployment rate. The average recession sees a lot of job losses, so we've got a lot of catching up to do.

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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.

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