Sentences with phrase «labor productivity over»
In contrast, labor productivity over the same period has shot up 44 %.
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Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor - cost advantage over low - cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
In addition, unit labor costs have declined sharply over the past year due to the combination of unusually rapid productivity growth and slowing labor compensation growth (Chart 28).
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.
«There is historical data to show that temperatures in the southern United States have risen,» she said, «and over the long term, warmer temperatures are going to strain workers who do a lot of physical labor and affect their productivity.»
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.
Labor and total factor productivity increase exogenously over the model's time horizon.
The American Climate Prospectus addressed several key climate impacts over the coming century, including increases in heat - related mortality, increases in the amount of coastal property exposed to flooding, declines in labor productivity, increases in energy expenditures, and declines in agricultural...
«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening labor market; limited labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior economist at realtor.com ®, in a statement.
The subpar growth reflects weak productivity growth, which has averaged less than 1 % over the past five years, and a low rate of labor force participation that remains at levels last seen in the 1970s.