Sentences with phrase «by the labor force»

Human capital consists of the skills possessed by individuals and, in the aggregate, by the labor force as a whole.

Increasing the average number of years of schooling attained by the labor force boosts the economy only when increased levels of school attainment also boost cognitive skills.

Not exact matches

But by the present era, Not in the Labor Force expanded by 37.5 % while population grew by only 14.2 %.

If growing unemployment was not enough, a decline in labor market participation was also on the rise, the ILO said, a warning borne out by the latest U.S. jobs data from December which showed that the labor force participation rate tumbled to 62.8 percent, its worst level since January 1978.

Opinions and assertions about the condition of the US labor force are also offered by financial market participants, advisors, economists, and academics.

Were it to do so, it would signal that growing numbers of Americans seek a return to the labor force by declaring they have the confidence to find employment.

According to a survey by McKinsey, the total number of gig - workers in the U.S. is now 53 - 68 million, or 35 percent of the total civilian labor force and growing to 50 percent by 2020.

Indeed, when one ponders the changes that the global economy has had to digest over the past 25 years, from the fall of the Iron Curtain to the flowering of the Internet - based economy to the entrance of 1.3 billion Chinese into the labor force, it would be surprising if the effects weren't felt by American workers.

Yet, according to the Bureau of Labor Statistics, by 2022, 25.6 percent of the labor force will be comprised of baby boomers (up from 11.8 percent in 1992), and by 2020, 46 percent will be comprised of millennLabor Statistics, by 2022, 25.6 percent of the labor force will be comprised of baby boomers (up from 11.8 percent in 1992), and by 2020, 46 percent will be comprised of millennlabor force will be comprised of baby boomers (up from 11.8 percent in 1992), and by 2020, 46 percent will be comprised of millennials.

In the UAE, according to research by Harvard University, migrants make up roughly 90 percent of the labor force.

Indeed, according to a recent study conducted by my company, Xero, about 11.4 million workers - or nearly one - third of the full - time labor force in the U.S. - are using platforms like Uber, Upwork, Freelancer.com, and others.

Government figures cited by the Associated Press indicate that just 1.7 million people — out of a total non-farm labor force of some 136 million workers — earned the minimum wage or less in 2006; still the increase was a big political victory for the Democrats, one that came at the expense of lobbyists from the National Federation of Independent Businesses and the Chamber of Commerce, among others.

King Leopold II «founded» the Congo Free State as «his own» private colony, and went on to make a huge fortune from it by forcing the Congolese into slave labor for ivory and rubber.

Lee keeps the country's labor force cheap and disciplined by setting strict guidelines for both wage increases and working conditions.

In a separate report released yesterday, the Congressional Budget Office (CBO) projected that the labor force participation rate would decline from 62.9 % in the fourth quarter of 2013 to 60.8 % by 2024.

Wal - Mart's critics — including a group of its workers backed by labor unions - say the retailer pays its hourly workers too little, forcing some to seek government assistance that effectively provides the company with an indirect taxpayer subsidy.

He argues that this is borne out by other data, like the number of people not in the labor force, but who want a job.

Despite that hurdle, The Bureau of Labor Statistics projects that those ages 65 and over will experience the fastest rates of labor force growth by Labor Statistics projects that those ages 65 and over will experience the fastest rates of labor force growth by labor force growth by 2024.

The unemployment rate held steady at 4.1 %, the lowest since 2000, as the labor force swelled by 806,000...

The environmental and labor side agreements negotiated by our administration will make this agreement a force for social progress as well as economic growth.»

Under these circumstances productivity is increased only by working the existing labor force more intensively and cutting back medical insurance, old - age pensions and other social welfare expenditures.

By 2015, analysts had significantly marked down GDP growth, based on the fact that the labor force had contracted more than they thought back in 2007 and productivity growth was slower.

So we have a disturbing picture of mass layoffs combined with plunging help wanted advertising, but the effect on the monthly unemployment rate and weekly unemployment claims is masked by attrition of workers from the labor force.

The study said Coca - Cola, one of 10 global companies looked at by KTC, has committed to conduct 28 country - level studies on child labor, forced labor, and land rights for its sugar supply chains by 2020.

Lower unemployment rate driven by massive increases in percent of population not in the labor force.

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

Though these monthly data are notoriously jumpy, the out - sized job gains were accompanied by a nice pop in labor force participation rate — up 0.3 percent to... Read more

They urge economies to submit to financial austerity by sanctifying debts rather than saving themselves and their labor force at the expense of debt and savings trends.

The unemployment rate fell to 4.3 percent, its lowest level since 2001, but for the wrong reason: labor force participation fell by two - tenths of a percent.

Relative to its shrinking labor force, output growth is adequate by contemporary standards.

CBO explains that long - term growth is constrained by relatively slow labor force growth because of the ongoing retirement of the baby boomers.

During the 2014 - 24 period, the growth of the labor force will be due entirely to population growth, as the overall labor force participation rate is expected to decrease even further by 2024.»

The Chicago - style monetary plan described efforts to privatize industry, reign in government spending to lower inflation, and to create a more active stock market financed by labor's own forced savings in order to increase stock prices.

While the assumptions about the future unemployment rate may be affected by policy, the fact is that slower U.S. population growth, coupled with an aging population, place substantial limits on labor force growth, which will leave U.S. GDP growth almost entirely dependent on changes in productivity.

Since 1999, however, it has been destroying itself by downsizing its labor force and distributing its profits to shareholders,» said William Lazonick, a professor of economics and director of the Center for Industrial Competitiveness at the University of Massachusetts - Lowell.

It would mean that German industrialists and their government allies, who have attempted to grow not by investing in productivity but by forcing German workers and their European partners to subsidize their unit labor costs, after having caused huge damage to peripheral Europe's balance sheets and European workers everywhere, including in Germany, will now pass the cost onto the rest of the world.

Unemployment, Marginal Attachment and Labor Force Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fLabor Force Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fForce Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fLabor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fForce Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor flabor forceforce.

[158] Other causes include the rise in non-cash benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor - intensive sectors, income shifting from labor to capital, a skill gap - driven wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problems, and / or a natural period of adjustment following an income surge during aberrational postwar circumstances.

The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution).

And the Latino labor force rose by 523,000, accounting for 39.5 % of the total national gain.

Among them, the total U.S. labor force grew by 1,324,000 in the past two months.

The labor force participation rate has moved higher by two - tenths in recent months to 62.9 % and has yet to move above 63.0 % since March 2014.

Some of these new, lower - paying jobs are being taken by people just entering the labor force, like recent high school and college graduates.

By 2024, BLS projects that the labor force will grow to about 164 million people.

The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.

If enacted, JCT estimates that Camp's discussion draft would increase labor force participation by an average of between 0.3 and 1.5 percent each year this decade, and increase private sector employment by between 0.4 and 1.5 percent.

Its deceleration between 1972 and 1999 was offset by a broad acceleration in potential productivity of the labor force during these years.

The Bureau of Labor Statistics forecasts that, by 2022, the number of workers over 55 will grow to 25 % of the labor force, up from the 15 % it was in Labor Statistics forecasts that, by 2022, the number of workers over 55 will grow to 25 % of the labor force, up from the 15 % it was in labor force, up from the 15 % it was in 2006.

Because the decline is being driven by unusual labor - force flows — aging workers retiring, the lure of government disability payments, discouraged workers and other factors — the jobless rate is a perplexing indicator of job - market slack and vigor.

The unemployment rate continued to fall in April, reaching another post-financial crisis low of 4.4 %, although this was partly offset by a marginal decline in the labor force participation rate.