Sentences with phrase «higher labour productivity»

Ireland and Norway both had higher labour productivity than the U.S. in 2012.

Not exact matches

More than 40 years ago, the Magna founder decided his company would experience higher productivity and less labour strife — and, as a result, faster growth — if its workers got some of the financial benefits of strong performance.

High wages increase the benefits of an innovation that increases labour productivity.

Rising productivity in manufacturing also led to widespread industrialization, which attracted labour from farms to higher - paying factory jobs.

If Canada's level of labour productivity had increased to the U.S. level (and the other four factors had stayed the same), Canada's income per capita would have been $ 8,500 higher.

The latter initiative is perhaps the most important, as technological innovation is so central to the country's goal to transition from low - end, labour - intensive manufacturing to a high - tech, productivity - led, consumption - based economy — and such a rich source of opportunities for investors.

In the long run both types of investment create capital that can yield substantial positive rates of return (above the current 30 and 50 year real bond rate) and result in both higher productivity and stronger labour force growth.

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.

Growth in non-farm GDP per hour worked — a broad measure of labour productivity — has averaged 1.8 per cent per annum since the start of the recovery, a higher rate than in the corresponding phase of the previous cycle, but slightly lower than in the 1970s cycle.

Initial and Additional Paternity Leave stimulate financial and labour productivity performance, as well as attracting and keeping high quality male employees

Finally, Spain faces a significant medium to long term challenge regarding the re-incorporation of millions of workers to its labour market while at the same time keeping productivity high.

This entails shifting labour from low productivity jobs in agriculture to high productivity jobs in urban manufacturing.

For the purposes of encouraging high national productivity, government, labour and the private sector must collaborate to institute a management and labour productivity crusade including the introduction of a Service Charter that ensures that productivity is matched with remuneration.

A Labour government will drive forward the economic and industrial policy that Ed Miliband, Ed Balls and Chuka Umunna have been developing to create more high quality jobs in every region of the country by reforming our banking sector, modernising our infrastructure, and working with businesses to get the long - term investment we need in growing SMEs and the high productivity, growth industries of the future.

Labour's infrastructure spending would, if well targeted, deliver a productivity boost, but the IFS warned that this was cancelled out by the negative impact of more workers» rights, a higher minimum wage, more bank holidays and higher corporation tax.

8.2 achieve higher levels of productivity of economies through diversification, technological upgrading and innovation, including through a focus on high value added and labour - intensive sectors

After reviewing productivity levels and areas of responsibility amongst cleaning staff, they found that their labour numbers were too high and the amount of productivity too low.

Jim Stanford, chief economist at Unifor, the union representing Canadian auto workers, says Canadian labour costs are on par with other developed nations, and points out we've better productivity rates and a higher quality workforce than the U.S.

It is interesting to understand how labour rates are much higher and labour productivity much lower in Australia than in the USA for the same work.

Accordingly, anti-age discrimination in employment law aims at promoting various purposes to remedy these wrongs, including preventing opportunistic behaviour by employers, who are tempted to dismiss older workers when their labour costs are higher than their marginal productivity; promoting displaced older workers who experience major challenges to reemployment; protecting against ageist stereotypes and ageism; and alleviating social isolation, oppression and economic deprivation among older workers.

In an engaged workforce, turnover is lower, productivity and innovation are higher and employees are willing to go the extra mile to put in discretionary effort, knowing that they will see the fruits of their labour.

The much awaited Labour Productivity Data was released last Tuesday, shedding a glimpse of improvement from the devastating downpour of declined productivity and hourly compensation and uncomfortably high labour costs endingLabour Productivity Data was released last Tuesday, shedding a glimpse of improvement from the devastating downpour of declined productivity and hourly compensation and uncomfortably high labour costs endinglabour costs ending 2008.