Sentences with phrase «just average productivity»

Not exact matches

Finally, if we assume a sustained explosion in productivity growth to 2.8 % annually, joining the highest quintile of historical U.S. productivity growth rates for any 8 - year period, and assuming an unemployment rate of just 4 % in 2024, the result would still be real U.S. GDP growth averaging just 3.2 % annually over the next 8 years.

Over the past decade, productivity growth has declined from a post-war average of 2 % to a growth rate of just 1 % annually, with growth of just 0.5 % annually over the past 5 years.

Productivity growth is another major contributor to economic expansion, and the last five years have come up short: productivity grew just 0.5 % a year on average over the last five years versus 2.2 % average gains for the past 70 years.

Since the start of the economic recovery in 1991, annual productivity growth has averaged just under 2 per cent.

If we brought their productivity levels up to even just the national average, it would add # 70 to # 90 billion to our economy every year.

And the letter cites just one figure with maize, with corn, that there's five times the productivity in the U.S. than your average African farmer.

My own research suggests that replacing just 5 % to 8 % of the least effective teachers with an average teacher would noticeably boost the achievement of our current students and would pay off lavishly in the future, through their enhanced productivity and faster economic growth.