Sentences with phrase «growth in labor»

In a report issued by the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2.0 percent per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 percent and productivity growth of less than 1.5 percent per year.
In a report issued from the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2 % per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 % and productivity growth of less than 1.5 % per year.
Economic growth can be boiled down to two factors: growth in working - age population and growth in labor force productivity.
With economic growth constrained by slow growth in the labor force, we're also likely to see slow growth in corporate earnings.
«New York City was the only region that experienced growth in its labor force, with the labor force declining in all the other regions of the State,» the report said.
From the supply side, it is hard to imagine that, with 4.1 percent unemployment, the economy can continue creating anything like 200,000 jobs a month, given that normal growth in the labor force is about 60,000 people.
If successful, growth in labor, capital and technology in tandem can power productivity and industrial output in ways that are simply not possible in Reform Club peers such as Japan, South Korea and China.
We are currently seeing weak growth in the labor force, and that shows no signs of changing soon.
Copper rose for the first time in three days on expectations of more growth in the labor market of the U.S., the second - largest metals consumer.
This slower population growth, combined with the declining participation rate, will result in slower growth in the labor force through 2024.»
Potential economic growth is going to slow dramatically over the coming years because of slowing growth in the labor force, due to growing demographic trends, and continued poor productivity performance.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In Africa, financiers shuddered as Nestlé announced it would slash its labor force over disappointing middle - class growth.
Current labor legislation outlines the rights and benefits employers must provide to full - time employees, but there is little to no legislation covering contract workers, despite the notable growth in this area.
But rising labor costs and slow growth in overseas demand left Pan with no choice but to sell the business to a bigger textile manufacturer with a domestic focus, in the hope that new capital can keep it afloat.
Indeed, the evidence I reviewed does not support the view — expounded by the new Bank of Japan management — that by buying more longer - dated securities (i.e., running printing presses a bit faster) will boost upward pressures in labor and product markets to bring stronger economic growth and an inflation rate of 2 percent.
Whatever the reason for the elevated slack in the U.S. labor market, one obvious solution would be faster economic, productivity, and wage growth.
The nation added 217,000 jobs in May to reach the milestone, though the unemployment rate remained unchanged last month at 6.3 % and U.S. employment still needs to catch up with the growth of the population and labor force that has occurred since the recession began.
Meanwhile, the Labor Department is expected to report that U.S. producer prices rose 0.3 % last month, which is slightly higher than the previous month's growth, and the consumer price index also likely improved by 0.3 % in May.
Germany, which enacted its labor reforms more than a decade ago, when economic growth in the rich world was much stronger than it is now, is home to an organized labor culture that is less combative than in places like Italy or France.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)
«Where I get concerned in the longer run is that the nation is becoming more reliant on immigration versus the natural population growth to supply labor,» said Scott Clemons, Chief Investment Strategist at Brown Brothers Harriman.
«Faster economic growth over most of the past year has tightened labor and product markets and helped to boost prices at a faster pace,» David Berson, chief economist at Nationwide, said in a note.
Labor: U.S. job growth surged in January and the unemployment rate of 4.1 percent is at a 17 - year low.
«For these companies, maintaining a presence in key growth markets abroad is a priority, and so they are adapting to trends such as rising labor and shipping costs in China, rather than shying away from opportunities in global markets,» says Esch.
On Wednesday, the OECD said immigration had accounted for one - half of U.K. GDP growth since 2005, resulting in a stronger labor force growth and helping ameliorate the challenge of an ageing population.
In fact, the U.S. Bureau of Labor Statistics says the only sector to show year - over-year job growth as of May was education and health services.
Given December's number from Labor, the U.S. economy averaged job growth of 183,000 per month in 2013.
On Wall Street, stocks rose on Friday after job growth surged more - than - expected in June, reaffirming labor market strength that could keep the Federal Reserve on track for a third interest rate hike this year.
«We will know the labor market is getting tight when we do see a more meaningful upward move in wages,» Powell said in response to a reporter's question as to whether he was satisfied with the pace of wage growth, which remains lackluster by most accounts.
BlackRock says this decline in labor participation is partly responsible for a corresponding decline in economic growth, accounting for roughly a quarter of the variation in growth of GDP.
Coupled with other bumps on the road (think the eurozone crisis and slow global growth) the overall effect, he added, «has been economic growth around 2 percent, and only a very gradual improvement in labor markets.»
«With the US labor market recovery gaining momentum, the hope for stronger global growth in 2014 is motivating investors to take on risk,» said Kathy Lien, managing director of FX Strategy at BK Asset Management.
He remains convinced that Unilever's sustainability plan — including the initiatives on labor rights and zero carbon emissions — will inevitably lead to business growth, even if the two imperatives are not always in sync.
To fully realize the economic benefits of having more women in the labor force, Japan needs to provide incentives for women to seek out more full - time work in high growth areas, he said.
But there are plenty of growth industries with low - capital intensity — in other words, they rely more on labor than equipment.
Economic growth for the Eurozone is also projected to be above trend, 2.4 % this year and 2.0 % in 2019, supported by continued monetary stimulus, improving labor markets, and healthy external demand.
Job growth ground nearly to a halt in May, with the U.S. labor market having its worst performance in more than five years, the Labor Department said Frlabor market having its worst performance in more than five years, the Labor Department said FrLabor Department said Friday.
Airline workers also work much harder than they did in the past; the industry had the second highest multifactor productivity growth from 1997 through 2014, according to an analysis by the Bureau of Labor Statistics.
The trend worries economists because new businesses play a vital role in creating jobs, improving productivity and spurring economic growth; some researchers believe the decline in entrepreneurship, and in other measures of economic dynamism such as labor mobility, could be part of the reason the U.S. has experienced such a slow bounceback from the past two recessions.
Other factors that have been suggested include continued labor - market slack; lagging educational attainment relative to other countries; and a broad decline in better - paying jobs and consequent shift toward job growth in low - wage industries.
Even with the talent its well - respected universities produce... is Amazon, a company that thinks of growth in terms of decades, going to locate a headquarters in a place where it might have to hire over 4 percent of the metro area's labor force with uncertainty over whether that labor force will ever grow?
According to Yamaguchi, «There is pressure for tightening from both the demand and supply sides, as the aging population dampens labor supply, at the same time that it gives rise to labor demand for stable growth in healthcare and social welfare employment.»
And if Macron is able to achieve some success with labor reform, I think we could see operating margins in France rising higher, unemployment going lower and the overall prospects for gross domestic product (GDP) growth improving.
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.
The study concludes that U.S. news releases on labor market conditions, real GDP growth, and consumer sentiment have large effects on interest rates in both the U.S. Treasury and German sovereign bond markets.
In saying the Fed expected «moderate» economic growth, «additional strengthening in the labor market» and inflation rising toward the central bank's annual 2 % target, Yellen appeared to be preparing financial markets for a potential rate hike after the central bank's Sept. 20 - 21 meetinIn saying the Fed expected «moderate» economic growth, «additional strengthening in the labor market» and inflation rising toward the central bank's annual 2 % target, Yellen appeared to be preparing financial markets for a potential rate hike after the central bank's Sept. 20 - 21 meetinin the labor market» and inflation rising toward the central bank's annual 2 % target, Yellen appeared to be preparing financial markets for a potential rate hike after the central bank's Sept. 20 - 21 meeting.
In addition, unit labor costs have declined sharply over the past year due to the combination of unusually rapid productivity growth and slowing labor compensation growth (Chart 28).
On the wage side, though there's always variance, most wage and compensation series have been stuck at around 2 % year - over-year growth (nominal) with some, but not much, evidence of acceleration in response to the tightening labor market.
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