Sentences with phrase «labor productivity because»

Not exact matches

(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)

And then comes the following question, through productivity, if you achieve productivity and you are able to cut costs so that you can stay ahead of the game where labor costs are rising ahead of the GDP, then what happens in terms of unemployment or creating job opportunities for those people that now are seeking alternative employment methods because of productivity coming into the game?

When there is a tight labor market, productivity gains translate into wages because employers have no choice but to bid for scarce labor.

The trend worries economists because new businesses play a vital role in creating jobs, improving productivity and spurring economic growth; some researchers believe the decline in entrepreneurship, and in other measures of economic dynamism such as labor mobility, could be part of the reason the U.S. has experienced such a slow bounceback from the past two recessions.

Because of globalization, if components of a large, manufactured product are produced in a foreign country, the cost is simply a component cost, and the labor required to produce it is not counted against our manufacturing productivity.

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.

Allowing wages to continue to rise should, in the longer run, boost productivity growth because businesses will be incentivized to find ways to improve the productivity of their workers in the face of tighter labor markets and higher labor costs.

In the example taken from Adam Smith, the small pin factory greatly increases the productivity of labor, because the number of pins produced per worker per day rises dramatically.

Among them are deleterious effects on children of unregulated and often substandard childcare; [9] lost productivity for employers due to parents missing work to handle gaps in childcare or to care for a sick child; [10] lost wages and reduced retirement benefits for parents who have to drop out of the labor market to provide at - home care for their young children; [11] a substantial downward pressure on the wages of childcare workers with effects on the quality and stability of the childcare workforce; [12] and lost opportunities for further education, [13] college savings, and other investments that working parents could make in themselves and their children but can not afford because they are spending most or all of their disposable income on childcare.

There are places that had prosperity for a time because an industry grew large, and then that industry went into decline, or at least, increased labor productivity reduced employment in that industry.

Measuring labor productivity in manufacturing is relatively easy, because the output and its value is easily measured.

Because of the size of Germany, and those allied with them in the Eurozone, the Euro is a hard currency, harder than many cultures / nations with lower labor productivity would like.

They have since dropped to around 8.5 % because the labor market has tightened, wages have begun to rise while productivity growth has remained slow.

Most economists expected the government to revise unit labor costs up and productivity down for the fourth quarter because fourth quarter readings on gross domestic product were also sharply revised down.