Sentences with phrase «labor force growth»

That type of labor force growth tends to generate higher inflation.

Looking back at the 1960s and the 1970s, labor force growth rates increased at a very healthy clip, around 2 % — 3 % annually.

That reflects both slower labor force growth (some of which is demographics but some of which is weak labor demand) and our most serious outstanding economic problem, very slow productivity growth.

That growth rate has been gradually slowing in recent decades, and there are strong reasons beyond inflation — rooted in labor force growth and real productivity growth — to be more conservative.

Additional downward pressure on the unemployment rate is likely to occur in the coming months as job growth continues to exceed labor force growth.

Economic growth is the result of labor force growth and demographic trends, productivity advances, and capital formation (the availability of capital per worker).

The situation is worse in other countries with more structural issues and slower labor force growth.

Despite that hurdle, The Bureau of Labor Statistics projects that those ages 65 and over will experience the fastest rates of labor force growth by 2024.

CBO explains that long - term growth is constrained by relatively slow labor force growth because of the ongoing retirement of the baby boomers.

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.

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.

The Minnesota Demographic Center also points out that a five percent labor force growth is expected to occur annually through 2045.

Surrounded by rural communities, Rochester is expected to experience positive labor force growth rate.

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 Bureau of Labor Statistics projects that those ages 65 and over will experience the fastest rates of labor force growth by 2024.

Recent CBO estimates of labor force growth are now 0.5 %, and the CBO puts productivity growth at 1.4 %, creating potential GDP growth of 1.9 % for the 2016 — 2026 period.

Presently, however, population and labor force growth are running at just 0.5 %, as is labor productivity.

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).

«Growth is low because labor force growth is slow,» and it is only going to grow slower because of immigration restrictions, he said.

With respect to the real economy equilibrium, readings of the output gap, borrowing costs relative to growth, and the forward path of real Fed Funds relative to labor force growth, all exhibit a real - economy state of affairs that is very close to what we would consider «normal.»

«As the nation's primary driver of population growth and labor force growth, and the nation's historical driver of homeownership gains, Hispanics are critical to the U.S. economy, and their access to homeownership is a key element to the nation's economic growth.»

By definition, output growth is the sum of productivity growth and labor force growth.

With regard to seniors housing and care, labor force growth and the low jobless rate are expected to make it increasingly difficult to attract and retain qualified and trained staff at all levels of operations.