“Tightening” in Labor Markets Evident in Latest Economic Reports
By: Matt, October 26th, 2005
Federal Reserve Districts reported “tightening” in labor markets in the most recent report from the Fed’s “beige book”, meaning that the number of jobs opening during September and early October exceeded the number of qualified candidates available. Moderate wage increases have also been reported, with several districts noting more intense upward pressure in service industries […]
