Labour productivity also depends on the workers» own attributes: innate abilities, level of formal education and training, skills acquired on the job, a capacity to learn new tasks, etc..
Not exact matches
Rising
productivity in manufacturing
also led to widespread industrialization, which attracted
labour from farms to higher - paying factory jobs.
Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting
productivity and living standards, but they could
also have less desirable side effects on the
labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today.
The term is
also commonly used to describe the belief that increasing
labour productivity, immigration, or automation cause an increase in unemployment.
For example, faster
labour force growth will encourage firms to invest not only to meet greater demand but
also to equip these additional workers with machines and other capital to raise their
productivity.5 The rate of technological progress is
also a key factor, since a faster pace of innovation raises the return on each additional unit of capital, stimulating firms to invest more.
However,
productivity growth surged causing unit
labour costs to plummet (before
also flatenning out).
There are three very important
labour market releases out this morning: both Canada and the U.S. published their November employment numbers, and Statistics Canada
also released the
labour productivity growth figures for the July - September period.
Labour productivity growth — the rate of growth of output per hour worked — is also a useful concept since labour productivity growth ultimately determines the sustainable rate of growth of real wages in the ec
Labour productivity growth — the rate of growth of output per hour worked — is
also a useful concept since
labour productivity growth ultimately determines the sustainable rate of growth of real wages in the ec
labour productivity growth ultimately determines the sustainable rate of growth of real wages in the economy.
UHI can affect the climatic comfort of the urban population, potentially related to health,
labour productivity and leisure activities; there are
also economic effects, such as the additional cost of climate control within buildings, and environmental effects, such as the formation of smog in cities and the degradation of green spaces.
Your location decision is influenced not only by real estate market factors, but
also by fundamental business drivers including employee attraction and retention, workplace
productivity, proximity to
labour and supply, and alignment with your corporate brand.