1.   A booming jobs market and scarce workers can trigger inflation as employers offer bigger compensation, and then pass extra costs onto consumers.

2.   A booming jobs market and scarce workers can trigger inflation as employers offer bigger compensation, and then pass on extra costs to consumers.

3.   Economists say that upbeat consumers and a booming jobs market will keep the economy from slowing much, increasing the risk for faster inflation.

4.   Fed Chairman Alan Greenspan has suggested that a booming job market may spark wage and price inflation later this year.

5.   In addition, the booming jobs market may force employers to compete for workers by raising wages.

6.   Investors paid close attention to the report because Fed officials are watching for signs the booming jobs market is driving wages and prices higher.

7.   Investors paid close attention to the report because Fed officials are watching for signs the booming jobs market is driving wages, and prices, higher.

8.   One indicator of that is the booming jobs market.

9.   Rising consumer spending or more evidence of a booming jobs market could press central bankers to take action, Guterman said.

10.   Rising consumer spending or more evidence of a booming jobs market could press central bankers to take action, he said.