Sentences with phrase «half of the labor force»

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.

On the other hand, can we see some characteristics of the labor force that suggest that it is normalizing?

This reality, combined with the fact that just 10 % of the labor force is now employed in manufacturing, means that there is plenty of electoral support for policies aimed at increasing trade.

If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country.

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 millennials.

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

The unemployment rate fell to 6.7 percent, from 7 percent, but that was less about job creation than about people, fed up or unsuccessful in their job searches, dropping out of the labor force.

There is also a huge trend toward healthcare delivery and the utilization of labor forces, such as mobilizing healthcare and creating more communication for patients and doctors.

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.

The labor force participation rate, which is the percentage of people 16 and older who are part of the labor force, has been trending down for nearly twenty years:

LaVorgna and his colleagues came up with a hypothetical model of labor force participation to capture demographic vs. non-demographic factors.

A topic of intense debate among economists is what the size of the labor force would be absent the effects of the great recession.

According to the «Full Participation Report,» about 55 percent of women globally are part of the labor force, compared with 82 percent of men, and the gap between men and women has not changed significantly since 1995.

Gig work, whether in preference to corporate jobs or because full time work is lacking, is absorbing an ever - growing portion of the labor force.

Ken Moelis, CEO of investment bank Moelis & Co., told CNBC that while changes in technology might be disruptive, they aren't necessarily going to wipe out swaths of the labor force.

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 2024.

In his State of the Union in July, he said the law will let poor people adequately care for their children, «eventually making [those children] more productive members of the labor force.»

Nearly 40 % of top performing firms already have more than 30 % of their labor force composed of contract / freelance workers with next year increases expected to be 30 — 60 — 90 % or more.»

The lifetime cost of taking many years out of the labor force is significant, but the alternative is not free.

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.

But the size of its labor force hasn't grown in 25 years.

For this reason, economists prefer to rely on the participation rate of the labor force, measuring the percentage of the population that's either working or actively looking for a job.

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.

Given the terrible plunge in Help Wanted advertising and the likelihood of smaller movement out of the labor force, my expectation is that the unemployment rate will jump from the current 4.5 % to somewhere between 4.8 % and 5 %.

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.»

In a note to clients on the ADP report, Chris Rupkey, chief financial economist of Mitsubishi UFJ Financial Group, said, «Employment wouldn't be growing this strongly unless companies were able to find workers among the unemployed or draw on those out of the labor force.»

Another way to assess labor market tightness is to look at labor flows — in other words, how workers move between being employed, unemployed (not working, but looking for work), and out of the labor force (neither employed, nor looking for work).4 Figure 11 shows the flow from being employed to unemployed.

Figure 12 shows the flow from being out of the labor force to being unemployed.

While this is a particularly good sign for hard - to - employ workers, it also highlights a potential future problem: the supply of workers outside of the labor force and willing to reenter the labor market will become a constraint over time.5

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 force.

They also extend the analysis in the earlier Jones and Riddell paper to incorporate data from Canada, and compare differences in the rates of job creation for people who were counted as unemployed versus out of the labor force in the two countries.

The government is the largest enterprise in the U.S., employing a total of 22 million people (15 % of the labor force).

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.

In other words, for two years of economic recovery, the labor market in the U.S. has been doing only slightly better than treading water, and much of the improvement in the unemployment rate can be attributed to people dropping out of the labor force either because they've given up looking for work or because they've retired.

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.

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

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 2006.

The US has an extremely low rate of labor force participation, because there are no jobs to be had, and discouraged workers who can not find jobs are not measured in the unemployment rate.

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.

How is it that we have 23 million Americans between 25 and 54, in their prime working age, that are out of the labor force?..

Meanwhile, the overall share out of the labor force because they're discouraged, have family responsibilities, transportation problems, illness, or a disability has stayed flat at around 1 % since the BLS started asking this question in the current form in 1994, they add.

There is now a position open for every unemployed person in the country, and the share of the labor force — Americans who are working or job hunting — has crept up this year, too.

Definition: A carefully - watched economic indicator representing the percent of the labor force that's actively seeking employment.

Slaves and Bond servants were part of the labor force in the day.

To have the only organized portion of the labor force heavily committed to the system is a great asset to the giant corporations, well worth the inconveniences of collective bargaining.

In our survey of the labor force, only 11 percent said they understand «very well» how our economic system works, and even among those who said they had thought a great deal about their responsibility to the poor only 18 percent said they understand it very well.

A tertiary reason had to do with scaling down the armed forces after World War II and keeping veterans out of the labor force until it could expand sufficiently to absorb them.