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

 

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


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

Joseph Abate

On net, we'll see some damage and a hit to corporate profits and proprietors' income, but that effect is temporary. But in the next quarter, we will get some mild stimulus from the rebuilding. Certainly, it will have no major, permanent effect on the economy.

Joseph Abate

With corporate balance sheets and cash flow strong, we look for investment spending to remain strong, pushing up growth in the capital stock and adding to labor productivity growth in 2006.

Joseph Abate

Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a post-holiday boost.

Joseph Abate

The claims data are telling us that the labor market is continuing to improve and growing at a rate of about 200,000 jobs a month.

Joseph Abate