Sentences with phrase «growth of the labor force»

And the growth of the labor force is accelerating:

«The difference stems primarily from demographic trends that have significantly reduce the growth of the labor force.

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.»

Depending on whom you ask, this number is either right around what is needed to keep up with the growth of the labor force or a touch above it.

«The only way to get to 3 percent growth on a sustained basis is faster growth of the labor force or faster growth of productivity.

Not exact matches

Not only are the figures for women - owned companies very low, relative to the female fraction of the labor force, but also the growth of women's business ownership seems to be greatest among non-employer businesses, which have little economic impact.

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.

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.

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.

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.

The availability of qualified workers will undoubtedly moderate actual job growth, even if the labor force participation rate picks up again.

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?

Based on estimates of labor force and productivity growth at the time, if you asked a standard - issue macroeconomist back then where real GDP would be today, this is the line she would have showed you.

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.

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.

The U.S. economy is facing a future of slow growth, mainly because the labor force is expanding less rapidly.

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

Since the 1940's, the 8 - year growth rate of U.S. labor force productivity has rarely exceeded 3 %, and the recent trend has been progressively lower.

Of the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquOf the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquof commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquof potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.»

At a 4.1 % unemployment rate and labor force growth now down to about 0.5 %, the baseline expectation for real GDP growth in the coming years is approaching just 1 % (0.5 % labor force growth plus productivity growth of about 0.5 % annually).

Productivity gains have been weak, the participation rate (meaning the percentage of the labor force in employment) declined to 62.6 % in June — the lowest level since 1977 — and hourly wage growth was flat in the same month.

We are currently seeing weak growth in the labor force, and that shows no signs of changing soon.

Economic growth depends largely on the size of the population in the labor force, making the steady wave of baby boomer retirees cause for concern.

That type of labor force growth tends to generate higher inflation.

The slowdown in growth of the economy's potential in 2016 reflected a deceleration in the growth of the potential labor force.

At the same time, the growth of the potential labor force has been slowing since reaching a peak in 1972.

Other limiting factors are low wage growth, high unemployment, the large numbers of workers who have dropped out of the labor force, declining home prices, higher tax payments and a flattening out of transfer payments.

With respect to the real economy equilibrium, readings of the output gap, borrowing costs relative to growth, and the forward path of real Fed Funds relative to labor force growth, all exhibit a real - economy state of affairs that is very close to what we would consider «normal.»

The pace of wage growth has been restrained amid excess slack in the labor markets, but the labor force participation rate has recently stabilized and labor markets are currently nearing full employment, supporting core inflation.

Economic expansion in this core was associated with two other dominant trends: growth in population (the so - called demographic transition, which both facilitated, and was facilitated by, industrialization) and the geographic inclusion of previously isolated, local, and ethnic sectors of the population into the commercial and industrial labor force.

That man is the product of causes which had no prevision of the end they were achieving; that his origin, his growth, his hopes and fears, his loves and his beliefs, are but the outcome of accidental concatenations of atoms; that no force, no heroism, no intensity of thought or feeling, can presume an individual life beyond the grave; that all the labors of the age, all the devotion, all the inspiration, all the noon - day brightness of human genius, are destined to extinction in the vast death of the solar system, and that the whole temple of Man's achievement must inevitably be buried beneath the debris of a universe in ruin... all these things, if not quite beyond dispute, are yet so nearly certain, that no philosophy which rejects them can hope to stand.

Growth in Low - Skilled, Low - Wage Occupations: A sizeable share of the county's labor force is employed in low wage occupations.

«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.

In a study of how recent Chinese imports affected the U.S. labor force, the researchers found that counties with higher rates of self - employment suffered fewer negative effects, such as reduced job growth, from increased imports than counties with lower self - employment rates, said Stephan Goetz, professor of agricultural and regional economics, Penn State and director of the Northeast Regional Center for Rural Development.

The plans for technological innovation are small but important pieces of Prime Minister Shinzo Abe's Growth Strategy, which also includes recommendations to streamline the agricultural sector, promote the participation of women in the labor force, and enhance the competitiveness of Japan's manufacturers.

A similar study of how growth responds to the percentage change in the labor force's average years of schooling found no relationship between growth in years of schooling and growth in GDP per capita.

Recent work in which Dennis Kimko and I have been engaged has looked closely at the size of the impact of labor force quality, as measured by tests of cognitive ability, on the economic growth of countries.

No less important is the overall relationship between the quality of the labor force, as measured by tests of cognitive skill, and economic growth.

The state and local assessments can also provide localities with some idea of how improving their labor force might affect future economic growth.

It may be that other aspects of these East Asian economies have driven their growth and that the statistical analysis of labor - force quality is simply picking out these countries.

On work, Murray notes the great increase in the percentage of the population on disability payments, from under 1 to more than 5 percent of the labor force, and the growth in the number of prime - age males who are not in the labor force, contrasted with almost all in the labor force in 1960.

Moreover, adjusting the data for other factors that are potentially related to growth, including aspects of international trade, private and public investment, and political instability, leaves the effect of having a quality labor force unchanged.

A significant proportion of the economic growth experienced in the US and in Europe during the 20th century was caused by the entry of women into the labor force.

IMF says better and fairer inclusion of women in the labor force would contribute significantly to growth in every country.

As noted above, student achievement, which provides a direct measure of later quality of the labor force, is strongly related to economic growth.

During most of the last century, steady increases in the proportion of the labor force that had graduated from high school fueled the nation's economic growth and rising incomes.

The recent release of the March employment data reflecting the pitiful growth in net new jobs for the month of 88,000, while almost half a million more Americans left the labor force during the month, sent the experts scurrying once again to explain why, four years after the technical end of the so - called great recession, -LSB-...]

Half of that came from growth in the civilian labor force, which expanded at 1.5 % a year.

Turkey has a lot going for it too, like a young population, GDP growth of more than double us here in North America, a low - cost labor force which is attracting European manufacturers, and most importantly for us today, one of the world's lowest CAPE ratios.

But with the labor force growing at just 0.5 % a year, rather than at its historical rate of 1.5 %, we should probably expect 2 % growth, not 3 %.