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They also have tight labour markets.
The reason for his concern was America's tight labour markets.
But in an election this tight, Labour should be alarmed.
Certainly that's true when tight labour markets allow for rapid pass-through of costs to wages.
Unemployment is falling too, and tight labour markets make for higher wages.
However, tight labour markets (our third indicator) confirm that several economies have been growing unsustainably fast.
Tight labour market regulation makes it hard for women to find part-time work.
Yet, despite tight labour markets, there is no sign of wage pressure.
ReprintsThe Bank has become somewhat more optimistic about cost pressures from a tight labour market.
This reflects an extremely tight labour market, with an unemployment rate of 4.6% of the workforce.
Nothing would be so effective as a strong economy and a tight labour market.
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CEO of Professional Science Editing for Scientists @ prosciediting.com