Sentences with phrase «high unit labour costs»

Long - term interest rates are currently low due to low global inflation expectations and moderate growth potential in Canada due to lower oil prices, a heavily indebted household sector and a weakened manufacturing base due to relatively high unit labour costs.

Not exact matches

Similarly, unit labour costs (based on compensation per hour worked) picked up a little in the December quarter, rising by 1.4 per cent to be 2.3 per cent higher than a year ago.

Meanwhile, our unit labour costs are relatively high, and Canada's manufacturing capacity is stretched because so many plants and jobs disappeared during the era of the soaring loonie.

Unit labour costs (based on compensation per hour worked) increased by 0.9 per cent in the March quarter, to be 2.4 per cent higher over the year.

The international comparisons shown here suggest, however, that growth in unit labour costs in Australia has still been on the high side over the past couple of years, given the rate of unemployment.

Core inflation has drifted higher over the past year, as slowing productivity growth has pushed up growth in unit labour costs, albeit from a very low level.

Unit labour costs (based on compensation per hour worked) grew by 1.3 per cent in the June quarter to be 2.8 per cent higher over the year, which is around the average growth rate of the past few years.

It is anticipated that a continuing tight labour market, robust income growth and high levels of consumer confidence will help to offset the dampening effect of rising mortgage carrying costs on the demand for new and existing homes in B.C. Housing starts should decline from 39,195 units in 2007 to 33,250 in 2008 and 31,700 in 2009.