These wage changes suggest
an increase in labour market pressures, driven by hiring and subsequent demand for skills.
«This will lead to a significant
increase in labour costs and a major administrative headache for companies which engage contractors working through their own companies (Personal Service Companies), exactly as witnessed in the public sector since April this year.
«For many, these changes are hitting hard, and the businesses may not be able to raise prices or otherwise absorb the dramatic
increase in labour costs.
Won't Miss Ruddock's resignation reduce
any increase in Labour vote share - that's why I gave them a slight decrease?
I suspect this slight
increase in Labour support (if existent) may be due to an
increase in Labour voters who say they will actually turn up and vote rather than a switch between parties.
Overall,
increase in Labour vote almost identical to fall in the LibDem vote.
Even with a fairly modest
increase in Labour's vote from 29 per cent, Ed Miliband has every chance of drawing the next election by default.
Importantly for the party this means that GB vote intention polls are understating
the increase in Labour support in England and so their potential to take seats from the Conservatives.
As in the rest of the country there is a clear
increase in Labour support following conference season and the government's handling of the credit crunch.
The fall in the Tory support in the opinion polls since the autumn has seen no corresponding
increase in Labour's support.
If labour does win Councillors in outer London next year it won't be
an increase in the labour vote but.
By using the known rates of increase in the money supply and the population and a «guesstimate» of the rate of
increase in labour productivity we can arrive at a theoretical rate of change for the purchasing power of money.
I don't know what was happening to Canadian productivity before 1973, but even if there was no growth in output per worker,
the increase in our labour terms of trade would have induced significant gains in real wages.
«That's equal to a permanent increase in output of almost $ 1,000 per Canadian every year, and that's even before you factor in the possible investment and productivity gains that would come with such
an increase in labour supply,» he said.
And while the downward drift in Japan's unemployment rate partly reflects the reduced participation of an aging population, at 4.5 per cent in March, the unemployment rate was at its lowest level in the past six years, consistent with
increases in labour demand.
The share of non-standard employment and self - employment is
increasing in the labour market, especially among young people.
In New Zealand, overall labour market participation rates are expected to rise by three percentage points, while Hong Kong and Japan are expected to experience one percentage point
increases in their labour market participation rates.22 In Japan this will help to offset a falling working age population.
Not exact matches
The net effect of the Ontario government's new policy is to subsidize jobs
in an already strong
labour market,
increase the wages of already high - income workers and give hundreds of millions of dollars
in corporate welfare to one of the largest and most profitable companies
in the world.
In turn, the competitive pressures generated by the
increased demand for
labour will bid up wages, to the point where the extra revenues generated by hiring an additional worker are completely offset by the higher wages that this worker can command.
In a competitive labour market, the increase in the demand for labour produces upward pressure on wages, and an increase in output supplied to a competitive goods market will drive down price
In a competitive
labour market, the
increase in the demand for labour produces upward pressure on wages, and an increase in output supplied to a competitive goods market will drive down price
in the demand for
labour produces upward pressure on wages, and an
increase in output supplied to a competitive goods market will drive down price
in output supplied to a competitive goods market will drive down prices.
The comments from Defense Minister Michael Fallon
in an interview with the Daily Telegraph suggested that the ruling Conservative Party would not
increase the top rate of income tax, striking a contrast with main opposition
Labour Party.
(Note: multifactor productivity, or MFP, is commonly seen as measure of technical progress — the
increase in output that can not be explained by the accumulation of
labour and capital inputs.
According to Statistics Canada, the employment services industry grew from $ 8.3 billion
in 2009 to $ 11.5 billion
in 2012; and while this category includes everything from executive headhunters to day
labour, other data suggests it's temp work driving the
increase.
Any
increase in TFWs
in Southwestern Ontario should be seen as a surprise, as the
labour market has been
in decline
in the region over the last decade, with London, Windsor and Hamilton experiencing significant declines
in their full - time employment rates:
He'd like to
increase military spending, sign free trade deals with other Asian countries, make it easier for companies to hire and fire workers, change immigration laws, get more women
in the
labour force and much more.
«We find that industrial robots
increase labour productivity, total factor productivity, and wages,» write lead researchers Georg Graetz, an assistant professor
in the department of economics at Uppsala, and Guy Michaels, an associate professor
in the department of economics at LSE.
The most common solution given for
increasing labour demand is ensuring that our graduates have the type of skills that are currently
in demand by employers.
Erin Weir, a
labour economist running for the NDP
in Saskatchewan, has estimated that each percentage point
increase in the corporate tax rate would generate about $ 1.5 billion
in revenue each year.
Food is a restaurant's most expensive cost after
labour, said Rilett, who anticipates another bump
in prices when the minimum wage impact ripples into the price of food as farmers, processors and others also face
increased costs.
The B.C. Federation of
Labour said there's been a dramatic
increase in the number of temporary foreign workers filling entry - level jobs
in recent years
in the westernmost province.
The estimated four - per - cent
increase in the province's female
labour force gave the provincial economy a 1.7 per cent boost.
It also notes that according to a Statistics Canada
Labour Force Survey, from July 2008 to July 2013, the net
increase in new jobs for university graduates was 810,000, while the available jobs for those with no post-secondary education decreased by 540,000 during the same period.
Tal believes that improving participation rates
in high - demand fields will likely require finding a way to identify emerging trends
in labour market needs, as well as improved quality and equity of learning opportunities and
increased resources.
We do not know the
increase in the growth of federally regulated workers that make less than $ 15, but given what we know from the
Labour Force Survey, federally regulated workplace study and employment equity survey data, estimates of 0.25 - 0.75 % annual growth appear reasonable.
I'm not sure if I've got it right, but I think that what Jack Mintz has done is equivalent to taking a GE model, imposing a horizontal
labour supply curve, then asking how much employment would
increase in that hypothetical scenario.
The fiscal plan tabled Tuesday
in the House of Commons was packed with billions of dollars worth of new investments, including measures to
increase the
labour - force participation of women.
The Fed left its key short - term rate at 1.5 per cent to 1.75 per cent — the level it set
in March after its sixth
increase since December 2015 — as it gradually tightens credit to control inflation against the backdrop of a tight
labour market and a pickup
in consumer prices.
Before March, the London area had been showing a steady
increase in both its
labour force and the number of people employed for five months.
The financial sector wins at the point where you don't see that the prices that the banks are inflating are asset prices — real estate prices, bond and stock prices — and that the role of commercial banks is to
increase the power of wealth over the rest of society, over
labour, over industry, to create a new ruling - class of bankers that are even more heavy than the landlords that were criticised
in the last part of the 19th century.
And while GWNFA has complained that head office is not allowing franchisees to raise their price points
in response to the minimum wage
increase in Ontario, their biggest operating region, head office might fear that «if customer counts are down and franchisees raise their prices to cover the
labour cost
increase, that will drive more customers away,» Fisher said.
The immediate effect of the
increase in the demand for
labour in the resources sector is to produce upward pressure on wages
in the resource sector.
The
Labour Force Survey for August showed that average hourly wages were up by just 1.4 % from a year earlier, the same low level of
increase as was registered
in July. Consumer price inflation was 2.7 %
in July, a bit down from 3.1 %
in June and 3.7 %
in May, but it seems that we have -LSB-...]
The essayists» discussion of
labour law is particularly timely given the
increasing political and policy interest
in Canada's
labour law.
One area of uncertainty relates to wages growth, where there is a risk that current
labour market tightness will result
in higher - than - expected wage
increases.
The economy is operating at a high level of capacity utilisation, the
labour market is relatively tight, and there have been some large
increases in raw materials costs.
Core inflation has been lower than expected
in recent months... Core inflation is expected to
increase gradually over coming quarters, reaching 2 per cent by the middle of 2013 as the economy gradually absorbs the current small degree of slack, the growth of
labour compensation remains moderate and inflation expectations stay well anchored.
This,
in turn, led to
increased labour demand, which put downward pressure on the unemployment rate and upward pressure on wages, resulting
in higher inflationary pressures.
In their 2015 election platform, the Trudeau Liberals identified a number of items related to Employment Insurance (EI) that they would change: reversing the Harper EI reforms defining «suitable work»; reducing the waiting period for EI benefits; reducing EI premiums; introducing more flexible parental leave; providing better access to compassionate care; and
increasing funding for employment and training programs managed by provinces, territories and Aboriginal
labour market organizations.
There was no discussion of the need to lower income taxes to
increase savings and
labour force attachment, and how this could be achieved through tax simplification and an
increase in the GST.
Shorter - term yields
in Canada are also forecast to
increase in 2014 as a strengthening
in economic growth, tightening
labour market conditions and accelerating wage growth fuel a steady, albeit slow,
increase in inflation.