Sentences with phrase «labor productivity by»

Improved labor productivity by implementing standard labor hours and tracking efficiency percentages for 2,000 open jobs.

Even a one percent rise in literacy skill scores can increase labor productivity by as much as 2.5 percent, boosting output by as much as $ 225 billion.

It has already automated sorting and distribution at a number of its busiest facilities — which the company said has improved labor productivity by 20 % — and plans to fully automate all work at its 30 largest US hubs by 2020.

Not exact matches

Between 1977 and 2011, the rate of new business creation dropped by half, while U.S. productivity rose by 87 percent, Bureau of Labor Statistics and Census data show.

Second, while the health care industry accounts for a large part of the U.S. economy, labor productivity within the space has been declining by 0.6 percent annually for the last two decades.

Airline workers also work much harder than they did in the past; the industry had the second highest multifactor productivity growth from 1997 through 2014, according to an analysis by the Bureau of Labor Statistics.

Under these circumstances productivity is increased only by working the existing labor force more intensively and cutting back medical insurance, old - age pensions and other social welfare expenditures.

Race to the bottom: A term for dog - eat - dog competition by which countries compete by cutting wage levels so as to produce in the cheapest market, not by raising wages and labor productivity.

By 2015, analysts had significantly marked down GDP growth, based on the fact that the labor force had contracted more than they thought back in 2007 and productivity growth was slower.

By retaining employees, manufacturers avoid frequent hiring costs and develop a more experienced workforce, which improves production quality and labor productivity.

WASHINGTON (AP)-- U.S. productivity fell in the April - June quarter by a larger amount than first estimated, while labor costs accelerated sharply.

As I detailed in my November 2003 comment, titled The U.S. Productivity Miracle (Made in China), part of U.S. productivity growth actually represents the import of foreign labor by U.S. multinational companies.

One was in the decade leading up to the late - 1960's, which was driven by a legitimate expansion in the productivity of U.S. workers, as measured the capacity of labor to produce output.

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.

«Since Canadian productivity performance is often compared to the productivity performance in the United States, the methodology behind the estimates for Canada should be comparable to the largest extent possible to that used by the U.S. Bureau of Labor Statistics (BLS),» wrote (pdf) Wulong Gu, of StatsCan's Economic Analysis Division.

It would mean that German industrialists and their government allies, who have attempted to grow not by investing in productivity but by forcing German workers and their European partners to subsidize their unit labor costs, after having caused huge damage to peripheral Europe's balance sheets and European workers everywhere, including in Germany, will now pass the cost onto the rest of the world.

[158] Other causes include the rise in non-cash benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor - intensive sectors, income shifting from labor to capital, a skill gap - driven wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problems, and / or a natural period of adjustment following an income surge during aberrational postwar circumstances.

In the United States, Federal Reserve Chairman Alan Greenspan explained triumphantly to Congress in 1997 that what was so remarkable since 1980 was that labor productivity rose by about 83 percent, but real wages didn't rise.

Nominal interest rates are driven by real growth (labor and labor productivity), inflation and the term premium.

Its deceleration between 1972 and 1999 was offset by a broad acceleration in potential productivity of the labor force during these years.

Automation is forecast to raise productivity by as much as 30 percent in many industries, and cut labor costs by at least 18 percent in the coming decade, according to recent research from The Boston Consulting Group.

They are separated by culture, language (which impedes labor mobility, resulting in semipermanent labor productivity disparity between countries — think Greece and Germany),...

The report said labor productivity climbed by 0.7 percent in the first quarter after rising by 0.3 percent in the fourth quarter.

Labor productivity in the U.S. rose by less than expected in the first quarter, according to a report released by the Labor Department on Thursday.

It is committed to an industrial - market - system that solves its problems by growth based on increasing the productivity of labor.

It is by specialization that productivity is increased; and economic growth depends on productivity, that is, the amount produced per hour of labor.

As part of the deal, the de Blasio administration and the sanitation workers» union will create a joint Labor - Management Committee on Productivity, which will review productivity targets related to the mayor's plan, announced last month, to cut all waste from landfills by 2030.

Other recent work suggests that ART, although costly, will pay for itself and more by increasing labor productivity, reducing the need for orphan care and deferring medical treatment costs (S. Resch et al..

In addition to taking advantage of the transportation advantage of in - country manufacture, the project sought to improve labor productivity and reduce the manufacturing time by 35 percent.

In all three of the following studies that Iâ $ ™ m about to link, conducted by the National Academy of Sciences, Energy Watch Group and the United States Geological Survey, labor productivity is perceived as a strong marker of the economic recoverability of remaining coal reserves.

His «Food at Work» book and project, commissioned by the U.N.'s International Labor Organization, concerns workers health, safety and productivity.

Division of labor has worked wonders for the production of clothing, computers, and automobiles — but it doesn't have the same transformational effect on productivity in teaching, a new study by economist Roland G. Fryer Jr., finds.

The standard of scientific and technological performance required to consider should be the following: 1) increase of the productivity of the economy that is measured by the relationship between global GDP and sectoral GDP and resources used in production processes (raw materials, supplies and labor); 2) reduction of the costs of agricultural, industrial production, and services; 3) increase in investments in R&D; 4) innovation of new products and processes that is measured by its advance over previously used products and processes; 5) increase of the durability of products / services; 6) increase of physical safety of products / services provided to people and users; and, 7) decrease in the levels of technological dependency of the country from the outside.

In other words, skill differences as measured by the international tests are clearly rewarded in the U.S. labor market, reinforcing the validity of the tests as a measure of individual skills and productivity.

School productivity, measured as educational outcomes divided by labor or financial inputs, has declined dramatically.

As published by Forbes, a recent report from the U.S. Bureau of Labor Statistics revealed that employee productivity is falling and managers have no clue what to do about it.

They deserve better than to be abandoned by this company, which has profited so richly from their labor, their productivity and their commitment to quality,» Gettelfinger's statement read.

Third, researchers have suggested that technological change may play a role in changing labor and profit shares, either by increasing the productivity of capital, or by increasing the rate of worker's obsolescence and thereby reducing their bargaining power.»

Representing a cherished «altarpiece» of productivity and potential income in the makeshift squatter homes of apartheid - era townships, as well as the labor and repression symbolized by the American - manufactured sewing machine, the performers sew endless bolts of cotton and raw silk into long tails that pile up on the floor surrounding them.

GCAM is a dynamic recursive economic model driven by assumptions about population size and labor productivity that determine potential gross domestic product in each of 14 regions at 15 year time steps.

Coal mining productivity: Coal mining productivity is calculated by dividing total coal production by the total direct labor hours worked by all mine employees.

By increasing the amount of capital per employee — a process known as capital deepening — business investment in computers increases output per employee hour (labor productivity).

Statistics on United States productivity, employment and unemployment, pay and benefits, and on the job injuries are also provided by the Bureau of Labor Statistics.

Controlled expenses and raised productivity, remained flat with store plan for labor expenses and income, raised productivity by an overall 30 %

Warehouse Manager Goodwill Industries, Lyons, NE 2009 — Present • Manage receiving, shipping and distribution procedures by coordinating processes and labor • Ensures safeguarding of warehouse operations by monitoring procedures and protocols • Control inventory levels and issue work orders • Maintain the appearance of the warehouse by employing aesthetics and logistics • Ensure that productivity targets are constantly met • Ensure quality and quantity of received and shipped goods • Produce periodical reports on work processes and warehouse workers

Review project cost incurred to date by cost type and forecasting future costs on labor productivity, materials / equipment price increases, subcontracts, wage rates, risk and other related factors.

Led Six Sigma and lean manufacturing initiatives that reduced labor costs by 20 % while catapulting profit, productivity and quality metrics by 55 %, 75 % and 35 %, respectively.

Coordinated with the Continuous Improvement and Design Department to reduce labor expense by 22 % Review financial statements, sales and activity reports Adjust projection data to measure productivity and manage expenses Manage staff, prepare work schedules, and assign specific duties per leadership skills Establish and implement departmental policies, goals, objectives, and procedures Determine staffing requirements such as interviews, hiring, and training new employees Plan, direct, and coordinate activities such as sales promotions across multiple departments to exceed sales goals Coach and provide real time feedback to employees to assist with development and expectations Research and analyze process breakdowns and coordinate with appropriate employees to identify and solve problems Writes and administers effective documentation.

In a report issued by the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2.0 percent per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 percent and productivity growth of less than 1.5 percent per year.

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