US worker productivity is falling, as well,
as unit labor costs rise.
Not exact matches
Chart 5 below highlights that despite its well - known productivity growth,
unit labor costs are on the rise
as wage growth has outpaced that of productivity.
Despite some recent slowing,
unit labor costs have grown at a significantly greater rate, in recent quarters, than output prices
as measured by the GDP deflator.
Unit labor costs, the price of labor per single unit of output, fell at a 1.4 percent rate in the second quarter, rather than increasing at a 0.5 percent rate as previously repor
Unit labor costs, the price of
labor per single
unit of output, fell at a 1.4 percent rate in the second quarter, rather than increasing at a 0.5 percent rate as previously repor
unit of output, fell at a 1.4 percent rate in the second quarter, rather than increasing at a 0.5 percent rate
as previously reported.
The threat, often referred to
as the «utility death spiral,» goes like this:
as customers choose to install solar panels or adopt energy efficiency measures, a utility will sell fewer
units of energy and has to increase what it charges for electricity to ensure that it can still cover its fixed
costs, such
as grid maintenance and
labor.
Having said that, the pound hit the ground running
as bulls began bidding the pound higher when the new trading week opened, thanks to news over the weekend that Theresa May plans to reshuffle her cabinet in order to have firmer control in government,
as well
as rumors making the rounds at the time that the U.K. office for National Statistics (ONS) will supposedly issue corrections because it made a mistake when calculating the U.K.'s
unit labor costs.