Sentences with phrase «flexible labour market»

A much more flexible labour market has been invaluable in adjusting to the shocks of recent years.

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.

France has the G7's least flexible labour market, and a 10 % unemployment rate.

But we've got to be willing to question some assumptions about flexible labour markets, for example, because too many were left in low paid work and thought we weren't for them.

Spencer Pitfield: «The radicalism of Thatcher Governments is best encapsulated in a political philosophy and economic policies emphasising flexible labour markets, deregulation and privatisation.

What happened to New Labour is that we got stuck — defending flexible labour markets and not understanding the limits to markets at a time when the world had moved on.

We can no longer rely on old mantras, such as the creation of ever more flexible labour markets.

The economy's relatively smooth adjustment was also helped by a more flexible labour market than in earlier terms of trade booms.

Compared with previous episodes of booming commodity prices, a floating currency, a sound but flexible medium - term framework for monetary policy and a flexible labour market mean we are doing much better this time than in the mid 1970s or early 1950s.

Looking at the figures for each recession, it's notable that (a) the proportionate rise in the level of unemployment, once the fall in GDP is taken into account, bears some relation to the rise in real wages; (b) there is no consistent difference between supply - side and demand - side recessions; (c) given the long - term costs of unemployment, a flexible labour market becomes extremely important in a recession.

This change in relative wages and the relatively modest adjustment in overall wages have been helped by the combination of well - anchored inflation expectations and a more flexible labour market, particularly in comparison to earlier terms of trade booms.

In a flexible labour market, unemployment as high as it presently is would result in slowing wages growth.

Tellingly, unemployment appears to have been limited by measures favoured by left and right: a flexible labour market and a tailored benefit system which kept people skilled and in contact with recruiters after they lost their job.

Now when the EU has embedded austerity, neo liberalism, deregulation and «flexible labour markets» in its essence, most left Labour STILL accept the wretched EU project even though it is decimating working class politics and livelihoods everywhere.

In my view - and as they tell me - those businesses need a fair and flexible labour market and a competitive and low - tax framework to provide jobs and prosperity.

«The world of work has become a pressurised environment, based on a flexible labour market and bogus self - employment.»

A race to the bottom which prioritises the removal of trade barriers and the flexible labour market above all else will fail working people and the very voters who made their decision yesterday.

The British people have spoken, many of them frustrated with business as usual, choosing to leave the EU because of the impacts of the flexible labour market and the pursuit of free trade above all else.

Others have welcomed Taylor's recognition that the UK's flexible labour market is a source of strength and competitive advantage.

The review recommends a right to request set hours but recognises that a flexible labour market is essential.

The report recognises the importance of retaining a dynamic and flexible labour market but makes certain recommendations aimed at clarifying an individual's employment status and rights.

Like Neal Lawson, I desperately hope that Gordon Brown will shift to the left, but PFI, flexible labour markets and Iraq are not the only worrying policies.

As the report describes, times when Australia had «full employment policies, universal access to public education, a unique system of wage regulation, progressive income taxes, and a well - targeted social security safety net, meant that we were able to place limits on inequality within an open economy with relatively low taxes and public expenditures, and a flexible labour market.»