Sentences with phrase «in labor force growth»

Not exact matches

In Africa, financiers shuddered as Nestlé announced it would slash its labor force over disappointing middle - class growth.
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.
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.
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?
By 2015, analysts had significantly marked down GDP growth, based on the fact that the labor force had contracted more than they thought back in 2007 and productivity growth was slower.
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.
Economic growth has been falling since 2010 and the economy has been operating below its potential since then; employment growth, particularly full time employment growth has struggled; in 2014 only 121,000 jobs were created; employment growth has not kept up with population growth; labor force participation has declined to its lowest level since 2000; long - term unemployment has increased; the unemployment rate remains stuck at just under 7 per cent, and youth unemployment is at 14 per cent; business investment has stagnated; and Canadians are losing confidence in their economic future.
This slower population growth, combined with the declining participation rate, will result in slower growth in the labor force through 2024.»
While the assumptions about the future unemployment rate may be affected by policy, the fact is that slower U.S. population growth, coupled with an aging population, place substantial limits on labor force growth, which will leave U.S. GDP growth almost entirely dependent on changes in productivity.
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.»
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.
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.
From the supply side, it is hard to imagine that, with 4.1 percent unemployment, the economy can continue creating anything like 200,000 jobs a month, given that normal growth in the labor force is about 60,000 people.
For example, when the CEI (blue dotted line) is adjusted for growth in population (red dotted line) or the labor force (black dotted line), the stock market's failure to sustainably break out above its Apr 26 high in the S&P 500 index (SPX) at 1220 is understandable, as it has been predictable by our business cycle model explained our email to you four days ago (copied in below).
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.
Around the world, governments are emphasizing women's participation in the labor force as a solution for economic growth, gender equality, and poverty reduction.
Overall, the labor force in New York dropped by 78,000 workers, which some experts say could limit prospects for overall economic growth.
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.
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.
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.
Over the past ten years, the Massachusetts's labor force has grown an anemic 1.5 percent, the 47th lowest growth rate in the nation.
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.
With economic growth constrained by slow growth in the labor force, we're also likely to see slow growth in corporate earnings.
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.
Economic growth can be boiled down to two factors: growth in working - age population and growth in labor force productivity.
The steel, aluminum, and scrap metal industries balance the high technology sectors and produce top tier candidates experienced in overseeing various associated aspects of such industries, including a skilled labor force, manufacturing and shipping, and the high - level decision - making required to maintain company growth and success in a competitive environment.
Train, lead and develop a community program that will allow for labor force growth within the communities it serves and increase the training and education options for people that want an alternative to college or have an interest in technical skills career options.
The subpar growth reflects weak productivity growth, which has averaged less than 1 % over the past five years, and a low rate of labor force participation that remains at levels last seen in the 1970s.
«Though the main long - term drivers of housing activity remain stalled — namely below average growth in median household income, labor force participation, bank lending and household formation — metro markets continue to get a boost from pent - up demand caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.
In a report issued from the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2 % per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 % and productivity growth of less than 1.5 % per yeaIn a report issued from the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2 % per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 % and productivity growth of less than 1.5 % per yeain January, average GDP growth was projected to be less than 2 % per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 % and productivity growth of less than 1.5 % per yeain the labor force of 0.5 % and productivity growth of less than 1.5 % per year.
Demographics patterns in the U.S. today do not support strong gains in the working age population and labor force without changes in immigration rates, while productivity growth has been stubbornly weak.
The Congressional Budget Office (CBO) estimates that during the 1950 — 1973 period, the labor force grew 1.6 % per year, while labor productivity grew at a strong 2.4 % rate, resulting in overall potential growth of 4 % annually.
The key issue in 2018 is whether these people return to the labor force, boosting employment growth but keeping wages in check, or remain out of the labor force, allowing wage pressures to build?
In a report issued by the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2.0 percent per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 percent and productivity growth of less than 1.5 percent per yeaIn a report issued by the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2.0 percent per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 percent and productivity growth of less than 1.5 percent per yeain January, average GDP growth was projected to be less than 2.0 percent per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 percent and productivity growth of less than 1.5 percent per yeain the labor force of 0.5 percent and productivity growth of less than 1.5 percent per year.
Additional downward pressure on the unemployment rate is likely to occur in the coming months as job growth continues to exceed labor force growth.
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