Sentences with phrase «average productivity level»

Not exact matches

Thankfully, economist Josh Bivens, who wrote about all of the above for CBPPs full employment project, figured out that if x were, say 1 percent — i.e., if average compensation grew 1 percent faster than productivity growth — it would take over eight years for the gap to get back to its pre-recession level.

When they are employed, the average level of productivity will decline, so that production per unit will cost the company more.

However, the issue with using Marx for this is that Marx discovered empirically that not all labour hours are treated the same, and that the level of capitalisation (unit productivity per labour hour), personal productivity (length of the working day, fatigue), and social utility produced an «average» social labourer.

If we brought their productivity levels up to even just the national average, it would add # 70 to # 90 billion to our economy every year.

The UK is said to be suffering from a «productivity problem» because on average British employees have to work more hours to produce the same level of output as their counterparts in many rival economies, such as the USA or Germany.

The study, «GCSEs, A levels and apprenticeships: their economic value», found that having 5 A * to C grade GCSEs adds an average # 60,000 to an individual's lifetime productivity, particularly if the pupil achieves high grades in English and maths.

The competitive labor market allows many small adjustments, which on average tie wage levels to overall productivity, not to the artificial scarcity created under the NLRA.

In northern mid-latitudes during summer, the zonal average increases near the surface are about 30 ppb or more, raising background levels to nearly 80 ppb, threatening attainment of air quality standards over most metropolitan and even rural regions, and compromising crop and forest productivity.

They determined that «net primary productivity» improved by an average of 27 % during this 112 - year period, with most of the increased growth occurring after 1950, when CO2 levels rose the most, from 310 ppm in 1950 to 395 ppm in 2007.

There is evidence that maltreated children are at greater risk for lifelong health and social problems, including mental illnesses, criminality, chronic diseases, disability1 and poorer quality of life.2 A history of child maltreatment is also associated with lower adult levels of economic well - being across a wide range of metrics, including higher levels of economic inactivity, lower occupational status, lower earnings and lower expected earnings.3 Existing research suggests a ripple effect caused by lower educational achievement, higher levels of truancy and expulsion reducing peak earning capacity by US$ 5000 a year4 or an average lifetime cost of US$ 210012 per person1 when considering productivity losses and costs from healthcare, child welfare, criminal justice and special education.

The subpar growth reflects weak productivity growth, which has averaged less than 1 % over the past five years, and a low rate of labor force participation that remains at levels last seen in the 1970s.