Sentences with phrase «demand for labour»

If the resource investment profile described above is realised, then overall demand for labour in the resource sector may begin to ease at some point.

The strength of demand for labour has varied quite considerably between industries.

In turn, the competitive pressures generated by the increased demand for labour will bid up wages, to the point where the extra revenues generated by hiring an additional worker are completely offset by the higher wages that this worker can command.

The Alberta government said the changes were due to the province's 6.3 % unemployment rate and decreased demand for labour, and said it wants to put Canadians first.

The combination of the high exchange rate, a record of low and stable inflation and a relatively flexible labour market means that while demand for labour, and the growth of wages, has been higher in the resource and resource - related sectors, this has not led to a significant increase in wages in Australian dollar terms across the economy as a whole.

Although the organic system initially required higher financial outlays, principally as a consequence of the greater demand for labour, larger returns were made on this labour than in the non-organic system.

Powerpoints include: Poverty Growth Emerging economies Supply of labour Demand for labour Exchange rate Fiscal policy

The amount of unemployment that rises when the economy softens, firms» demand for labour moderates, and some firms lay off workers in response to lower sales.

After having left uni with a law degree I thought there would be hot demand for my labour.

Australia's economy is forecast to grow by 2.5 per cent in 2017, equivalent to the growth rate experienced in 2016, which should see demand for labour remain high.

Wage pressures in Sweden, including overall wage pressures and those in higher - skill sectors of the economy, indicate that employers» demand for labour often outstrips supply.

Retirees bring financial resources earned elsewhere and spend it in the local community, increasing local demand for labour.»

The expansionary effects continue as resources companies typically step up output and exploration activity, increasing demand for labour and for a wide range of goods and services across the rest of the economy.

Looking at the differences between skilled and non-skilled labour and the elasticity of demand for labour.

It is also awell - known fallacy: higher productivity increases the demand for labour, because more productive workers are more valuable to employers.

In a competitive labour market, the increase in the demand for labour produces upward pressure on wages, and an increase in output supplied to a competitive goods market will drive down prices.

Will it strengthen the overall economy while also increasing the demand for labour?

The second way is through increasing the demand for labour.

The immediate effect of the increase in the demand for labour in the resources sector is to produce upward pressure on wages in the resource sector.

This increases the demand for labour in the resources sector:

In particular, it is axiomatic that if government intervention forces the price of labour to be higher than it would otherwise be then the demand for labour will be lower, that is, more people will be unemployed, with the additional unemployment occurring mostly within the ranks of the lowest - skilled workers.

Furthermore, if the recent signs of moderation in the demand for labour continue, which could be expected if overall demand remains on a slower track, that should help to contain any over-exuberance in wage setting.

Demand for labour has increased, with employment rising solidly over recent months and the unemployment rate continuing to trend down.

A cyclical strengthening in the demand for labour will help to reduce unemployment.

Writing in the 1960s, Meade envisaged a future in which technological change would reduce the demand for labour and thereby increase the return to capital.

It assumes that no labour is used in producing capital, if it were demand for labour could rise greatly, pushing up wages.

Increases in the demand for labour will move the economy along the demand curve, increasing wages and employment.

The demand for labour in an economy is derived from the demand for goods and services.

As such, if the demand for goods and services in the economy increases, the demand for labour will increase, increasing employment and wages.

As The Observer reports, Prentis and Unison are backing Ed Miliband in the contest, but in expectation that his elder brother will win the day, they have now effectively set out their demands for Labour under his leadership.

In a monopsonistic labour market, paradoxically the demand for labour goes up when employers are forced to pay a minimum wage, assuming that the level is set correctly.

However, certain conditions such as severe weather can increase the demand for labour and materials and raise costs beyond normal inflation.

Replacement cost estimates are influenced by supply of labour, demand for labour, and the cost of construction materials.

Ireland's economic growth has continued to outpace other countries in the Eurozone, which all else being equal would tend to increase demand for labour.