Sentences with phrase «higher labor productivity»

The most obvious example is the United States itself, which has the highest labor productivity in the world.

Not exact matches

To capitalize the most during that stretch, Dwyer recommends what he calls «productivity trade» — areas that are positioned to offset higher inflation, particularly in labor.

Most benefits may come not from reducing labor costs but from raising productivity through fewer errors, higher output, and improved quality, safety, and speed.

The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.

Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor - cost advantage over low - cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.

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.

And the Council of Economic Advisers announced that policies such as work flexibility «lead to higher labor force participation, greater labor productivity and work engagement, and better allocation of talent across the economy.»

The resulting higher level of worker productivity makes it easier to justify additional infrastructure that saves the time and labor of productive workers.

The high level of service is labor intensive, and may reduce measured labor productivity.

Allowing wages to continue to rise should, in the longer run, boost productivity growth because businesses will be incentivized to find ways to improve the productivity of their workers in the face of tighter labor markets and higher labor costs.

In other words, rather than productivity advances being the cause of higher real wages, the reverse may be true: Higher labor costs that crimp the profits share and boost the labor share are a necessary condition for higher investment rates which in turn will lead to higher productivity ghigher real wages, the reverse may be true: Higher labor costs that crimp the profits share and boost the labor share are a necessary condition for higher investment rates which in turn will lead to higher productivity gHigher labor costs that crimp the profits share and boost the labor share are a necessary condition for higher investment rates which in turn will lead to higher productivity ghigher investment rates which in turn will lead to higher productivity ghigher productivity growth.

So Germany's low unit labor costs are not simply the result of high technological productivity.

«The benefits of gender equality are multiple, including increased labor supply; higher incomes, productivity gains, and corporate bottom lines; and reduced poverty in developing countries,» says Carmen Nuzzo, senior economist for SRI research.

Older people tend to have a lower demand for durable goods and a higher need for services in the labor - intensive, low - productivity segments of the economy like health care.

[2] While the labor input is running high, labor productivity, inflation and the term premium are all historically low, with plenty of room to rise.

Without high - tech startups driving innovation and economic efficiency, the United States should experience less labor productivity.

Such gaps tend to narrow for a number of reasons, including higher marginal productivity on cheaper labor and land costs in lower - tier cities, better economic integration with government - led redistribution of infrastructure and public resources from regional hubs to small neighbor cities, and broader penetration of technology, including smartphones and the internet, according to the Morgan Stanley research.

The chief argument against decentralizing production and attending to the well being of workers is that it would lead to less productivity of labor, less efficiency, higher costs, and inferior goods.

«Our study suggests that the effect of human capital on economic growth is larger in high - quality - of - life counties — natural amenities such as clean air and temperate climate, could potentially attract human capital and perhaps increase labor productivity, thus boosting the effect of human capital on growth,» said Fan.

We've arranged to produce more knowledge workers than we can employ, creating a labor - excess economy that keeps labor costs down and productivity high.

Moreover, math curriculum continued to have «striking» effects on earnings even after controlling for highest degree earned and college major as well as demographics, family, and school, suggesting that «there is a direct effect of math curriculum on labor market productivity, which works independently of the final degree attained.»

This increase in spending partially reflects that schools must compete to hire college - educated teachers in a labor market where well - educated workers command higher and higher salaries, but it also indicates that innovation and increases in productivity have occurred faster and been more effective in the broader economy than in the field of education.

My favorite discovery was a suite of colorful bar graphs charting women's labor productivity, souped up with photocollages of climbing high - rises and satisfied workers: a rather more inventive kind of data journalism.

The paper says that employers with high seniority wages in Germany pay employees a wage level below their marginal productivity during their first years with the company and gives them a wage higher than their labor productivity after they've been with the company awhile.

Motivated, coached and developed a team of 14 employees to ensure the highest level of guest satisfaction and labor productivity.