fed press_conference, 2017-09-20
And although the pace of job gains is not quite as strong this year as, for example, as it was in 2016, we’re still averaging 175,000 jobs a month this year, which is quite a bit above the pace of maybe 100 to 120,000 that would be consistent with a stable unemployment rate if labor force participation begins to move down in the manner we expect.
Sentiment: neutral
Topic: mp_labor_market