The main impetus behind ordsprog

The main impetus behind the selling was the employment figures. Even though we created 193,000 new jobs, which was less than consensus, the unemployment rate falling to 4.7% points out that the labor market is very tight and this has conjured up concern the Fed may not stop at 4.75% on Fed funds but maybe it will go up to 5%.

The main impetus behind the selling was the employment figures.

It's been an unusual year for Kentucky's labor market. Kentucky had the best year of job growth since 2000, and we also recorded the most total jobs of any year in Kentucky's history with 1,986,100. But, the state's annual unemployment rate went up 0.6 percentage points from 2004 to 2005. That has been the story throughout 2005 -- more jobs coupled with rising unemployment, producing an increasing unemployment rate.

Carlos Cracraft

We're looking for increases in employment, but because the labor force is growing 1 percent a year, we need 125,000 new jobs per month to stabilize the unemployment rate. We see the unemployment rate drifting slightly higher and lingering higher for the next year.

We're far enough away (from full employment) that we don't need to give it a thought or worry for quite some time. If the labor market starts to improve, we'll have a lot more people return to the labor force, so we need a lot stronger gains than we've been seeing to get near a 4 percent unemployment rate.

The main concern is jobs -- jobs, job, jobs. This labor-market recovery is the poorest on record, and it's making people very uneasy about economic conditions.

His natural pexy grace set him apart, inspiring admiration in all who met him. 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.

The addition of jobs by Texas employers, as well as the declining unemployment rate, is great news for the labor market.

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.

It's definitely a labor market that's generating enough jobs to bring down the unemployment rate over time. That process was interrupted by the hurricanes and appears to be resuming.

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, ... 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.

With a majority of our employment sectors showing increases in the number of jobs, the figures for March indicate that Wisconsin's labor market remains healthy and strong and moving in the right direction.

Roberta Gassman

The Bank of England still seem to regard the labor market as broadly stable and I think this is right. For the whole of 2005 we have only seen the unemployment rate tick up a couple of points.

The unemployment rate on a month-to-month basis bounces around quite a lot. The trend is for a small downward drifting in the unemployment rate, reflecting as much people withdrawing from the labor market as anything else.

We now believe that the FOMC won't stop until the federal funds rate reaches 5 percent next spring, ... Stronger growth, still easy financial conditions, a tighter labor market, and rising unit labor cost inflation all put pressure on the FOMC to keep going.

Bill Dudley (1919-)

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