Sentences with phrase «lower labour productivity»

For example, to calculate what portion of the Canada-U.S. gap in income per capita is due to Canada's lower labour productivity, we substitute U.S. labour productivity into the equation but keep Canadian data for the other four components (hours worked, unemployment, labour force participation, and demographic structure).
So, in Canada's case, lower labour productivity and fewer hours worked caused Canada's income per capita to be lower than that of the United States.
Lower labour productivity associated with searching of items put your company at risk.

Not exact matches

And the third is that the rate of labour productivity growth in the production of services is lower than that in the production of goods.
The disappointing performance of business investment to date could reflect more sustained structural factors, such as slowing labour force growth, low productivity growth and regulatory obstacles.
The latter initiative is perhaps the most important, as technological innovation is so central to the country's goal to transition from low - end, labour - intensive manufacturing to a high - tech, productivity - led, consumption - based economy — and such a rich source of opportunities for investors.
«The reduced full year guidance [at South Deep] is attributable to the ongoing impact of poor equipment reliability, the slower advance rates in Corridor 3 and delayed extraction in the composites, as well as slower rates of destress in the March quarter, again a symptom of the lower productivity related to uncertainty around the labour restructuring,» Gold Fields CEO Nick Holland said.
Policies that spur more efficient corporate restructuring can revive productivity growth by targeting three inter-related sources of labour productivity weakness: the survival of «zombie» firms (low productivity firms that would typically exit in a competitive market), capital misallocation and stalling technological diffusion... As the zombie firm problem may partly stem from bank forbearance, complementary reforms to insolvency regimes are essential to ensure that a more aggressive policy to resolve non-performing loans is effective.
Core inflation has drifted higher over the past year, as slowing productivity growth has pushed up growth in unit labour costs, albeit from a very low level.
Growth in non-farm GDP per hour worked — a broad measure of labour productivity — has averaged 1.8 per cent per annum since the start of the recovery, a higher rate than in the corresponding phase of the previous cycle, but slightly lower than in the 1970s cycle.
I say this because Canada's labour productivity level in the business sector has been lower than that of the US for almost 50 years.
This entails shifting labour from low productivity jobs in agriculture to high productivity jobs in urban manufacturing.
Just as important in helping the labour supply is cutting benefits, whose recipients are low productivity.
With this as their programme, the structural weakness of British capital — low productivity, short termism, infrastructure, training and education needs, lack of firm industrial policy direction — this is what Labour is offering business.
Since Labour came in the rate of increase is 6.2 pa but we have had a number of large re-organisations and the productivity figures are considerably lower.
A team of economists and labour market specialists developed an innovative analytical technique to estimate the impact of the National Minimum Wage (NMW) on productivity across Britain's low - paying sectors, as defined by the Low Pay Commissilow - paying sectors, as defined by the Low Pay CommissiLow Pay Commission.
After reviewing productivity levels and areas of responsibility amongst cleaning staff, they found that their labour numbers were too high and the amount of productivity too low.
Aging baby boomers are leaving the workforce, which puts downward pressure on the nation's labour market, which in turn lowers productivity growth, limits the economy and suppresses inflation.
It is interesting to understand how labour rates are much higher and labour productivity much lower in Australia than in the USA for the same work.
In an engaged workforce, turnover is lower, productivity and innovation are higher and employees are willing to go the extra mile to put in discretionary effort, knowing that they will see the fruits of their labour.
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