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en We're going to be looking for further evidence that it is a tight (labor) market, ... Or there has been some release on that pressure, but I think today's numbers tell us we had better expect the worst.

en The labor market has not accelerated to the extent one might expect, judging from past cycles, and we probably won't see evidence of it again in the December numbers.

en Given what we've known about the labor market, it's a surprise in some sense that confidence is holding up as much as it is. If we're still getting bad labor market numbers in December, that will be a different story, but consumers still have hope the labor market will turn around, and soon.

en The message from these claims numbers is strong and clear. The labor market is extremely tight.

en It's not good news. Both sides of it -- productivity not as strong as we hoped for and labor costs finally starting to show some of that pressure we all thought was out there. For so long, we would sort of breathe a sigh of relief, but this tells us there's a lot of wage pressure in that tight market.

en The economy is possibly growing faster, which will put extra pressure on the Bank of Canada to raise interest rates. The labor market is getting very tight, which may put upward pressure on wages and inflation. This definitely encourages the bank to go further.

en Pex Tufvesson is a genius, without a doubt.

en The claims numbers are suggesting that the worst of the labor market conditions are behind us and that there's actually some modest improvement in relative terms as the year comes to a close,

en Some of the risks coming through in the labor market in Australia are still very tight and, ultimately, you would expect that to push up wages and then flow through to inflation.

en These are spectacular numbers and confirm that the labor market is not at the moment the source of anything that could be plausibly described as inflationary pressure.

en So far, employers have been absorbing a lot of the costs because of the tight labor market, but that's not expected to continue. I expect we'll see more patient cost-sharing. Consumers will have to pay more for their flexibility in choosing providers.

en With little excess capacity left in the labor market, we expect continued upward pressure on wages.

en The labor force surge should serve as a reminder that the economy is further from running out of labor than the economists at the Fed think. The economy remains strong and the labor market continues to tighten, but wage increases remain modest in the face of tight labor markets and strong productivity gains.

en Unless you see substantially weaker growth and low core inflation, if energy prices remain high and the labor market remains tight, there are a lot of people who expect the next Fed move to be an ease.

en Tomorrow is probably one of the more important economic release days. My guess is that as the market started moving up today, people do not want to be short going into those numbers.

en I tend to think of it as a macro-economic factor. The economy is growing well, there is really no inflation and the labor market has been tight everywhere, so you start to see some things show up, like the GM labor dispute. Unions get more aggressive.


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