Second, I will also want to see further improvement in the labor market with solid further employment growth and further evidence of a narrowing of resource utilization gaps based on various indicators, including the unemployment rate, the labor force participation rate, the percentage of employees who are working part time for economic reasons, and faster wage growth.
For some weeks now, releases of economic data have been providing confirmation that economic activity is picking up. I am confident that autumn saw a change for the better. 1.1  Europe and Germany  In the wake of accelerating growth in the USA and in Asia, world trade is returning to considerably higher growth rates.