Sentences with phrase «increase in labour costs»

«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.

Not exact matches

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.
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 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.
These prices continue to rise more rapidly than building - materials prices, suggesting that profit margins and / or labour costs in the residential construction sector have increased in response to the recent strength in demand for residential construction work and the rise in prices of established houses.
As a result, there has been no increase in the cost of labour required to produce a unit of output.
House purchase costs increased by 2 per cent in the June quarter and by 5 1/4 per cent over the year, as ongoing strength in the construction sector resulted in rising costs of materials and labour.
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.
Non-tradables price inflation continues to be affected by strength in house purchase costs, which increased by 5 1/2 per cent over the year; this increase is the result of rising costs of skilled labour and materials.
This increase was largely attributable to house purchase costs — which rose by 1 per cent in the quarter, to be 6.4 per cent higher over the year — in turn reflecting higher costs of labour and materials.
Price pressures in the construction industry were stronger, amid reports of increasing labour and material input costs, in particular for steel and cement.
The latest NAB business survey shows total labour costs increasing at close to their fastest pace of the past five years, although still considerably slower than in the mid 1990s.
Their growth was accelerated by a rapid increase in exports to industrialised countries with whom they successfully competed thanks to low labour costs.
The report further details the importance of access to skilled and unskilled labour to avoid an increase in operating costs and impact on margins.
Earnings in Indonesia were also expected to fall this year because of increased competition from new rivals such as Big Cola, rising labour and fuel costs and currency depreciation.
The evidence that is available about food production and processing, but not included in the Green Paper, is that the sector's businesses are in the main under considerable financial pressure as a result of falling real commodity prices, rising input costs, increased government regulations, rising labour costs, and lower retail margins.
«Our analysis — modelled on the default scenario that the UK withdraws completely from the EU and fails to reach trade and customs agreements with remaining EU member states — opens the door to the possibility that Scottish businesses and taxpayers will face a range of additional financial burdens in the form of increased trading and labour costs.
Outsourcing and increasing the role of the private sector in public service provision is at the heart of both Labour and Conservative plans for reducing costs and increasing efficiency.
It takes real political guts to increase spending overseas at a time of desperate cost - cutting but the coalition is doing it, from # 6.6 bn in Labour's last full year in power to a planned # 8bn this year.
In Copeland Tory support increased by no less than 8.5 points — the biggest increase in support for a government party since Harold Wilson's Labour government won the Hull North byelection in January 1966 (at the cost, incidentally, of a promise to build the Humber BridgeIn Copeland Tory support increased by no less than 8.5 points — the biggest increase in support for a government party since Harold Wilson's Labour government won the Hull North byelection in January 1966 (at the cost, incidentally, of a promise to build the Humber Bridgein support for a government party since Harold Wilson's Labour government won the Hull North byelection in January 1966 (at the cost, incidentally, of a promise to build the Humber Bridgein January 1966 (at the cost, incidentally, of a promise to build the Humber Bridge).
In the real world the cost of Labour's equality and diversity agenda is the increasing number of passengers carried by organisations both private and public.
Stronger In's polling is crystal clear: what Labour and the rest of the pro-Remain forces need to do is increase the salience of the economic costs of quitting the single market, in the words of one senior source, «remind Labour voters they have the most to lose from a recession»In's polling is crystal clear: what Labour and the rest of the pro-Remain forces need to do is increase the salience of the economic costs of quitting the single market, in the words of one senior source, «remind Labour voters they have the most to lose from a recession»in the words of one senior source, «remind Labour voters they have the most to lose from a recession».
«Labour is committed to reforming standards, driving down costs and increasing security in the private rented sector».
There had been reports that an increasing number of Labour MPs and members of the NEC had been attempting to get the election for the position of deputy leader abandoned in order to save the # 2,000,000 it was estimated that the contest would cost.
The pledge card, which mirrors New Labour's initiative in 1997, will promise free party membership for trade unionists, the building of 1m new homes over the course of a parliament, an increase in the minimum wage funded by a cut in employers» national insurance, a cost - of - living test for every policy item and a cabinet minister to «take action for the consumer against rip - off companies».
In his main television interview of the Labour conference, Miliband dismissed recent poor opinion polls as he said he would be focusing on the increasing costs of living.
He estimated that Labour's planned increase in NI contributions would cost the NHS, the country's largest employer, # 200m.
Similarly, I've argued that Labour should focus on growth as well as the cost of living; in other words, making the economic pie bigger, in addition to sharing it more equitably; being a party of increased production, not simply fairer distribution.
Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning of Scarcity and the inevitability of choices at all levels (individual, firms, govt)- The basic questions of what will be produced ow and for whom - The Meaning of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.
which showed that unit labour costs in the U.K. increased by 3.5 % in Q1 2017, which is much better than the original estimate of +2.1 % and is the strongest reading in four years to boot.
And as it turns out, to ONS did release a revised labour productivity report which showed that unit labour costs in the U.K. increased by 3.5 % in Q1 2017, which is much better than the original estimate of +2.1 % and is the strongest reading in four years to boot.
And if labour costs actually rise generally with increased productivity, the absolute cost of legal work will increase as lawyer incomes rise with productivity in other sectors [13].
Much of what we take for granted in modern law firms — hourly billable targets, ever - increasing workloads, lengthening partnership tracks, client hoarding by partners, and more — can be traced at least in part to firms» established ability to dictate the terms of employment to a fairly low - cost and easily leveraged labour pool.
How to build these technology refreshes into an outsourcing agreement and to properly account for the costs in a market where equipment costs are declining and labour costs are stable or increasing is a challenge.
Inflationary pressures on the costs of parts and labour mean more claims expenses and premiums have increased little in the last half decade.
Also the increasing labour cost of about 10 - 15 percent has led a 15 - 20 percent rise in the premium.
While surviving the declined labour productivity in the last two quarters, the first quarter statistics revealed a modest but hopeful increase by 0.3 % for Canadian businesses, with a decrease in costs by 1.8 %, attributed in some way to the slight, but slowed growth in hourly compensation.
Madder says Realtors regret the rise in provincial education property tax and the suspension of the Graduate Retention Program — First Home Plan, and recognize that ending PST exemption on construction labour will increase costs in new housing.
«Employment levels continue to improve, resulting in tight labour markets and increasing salaries; and stable interest rates have led home buyers to feel confident that the cost of borrowing won't spike any time soon.»
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