Sentences with phrase «labour costs fall»

The profits recovery has been driven by continued strong productivity growth in conjunction with subdued compensation growth (due to the weak labour market), which has seen unit labour costs fall by 5 per cent since June 2001 — the largest fall on record (Graph A4).

Strong productivity growth, combined with moderating wage growth and ample spare capacity in the economy, led to unit labour costs falling by 1.7 per cent over the year to the December quarter.

Not exact matches

Looking at the figures for each recession, it's notable that (a) the proportionate rise in the level of unemployment, once the fall in GDP is taken into account, bears some relation to the rise in real wages; (b) there is no consistent difference between supply - side and demand - side recessions; (c) given the long - term costs of unemployment, a flexible labour market becomes extremely important in a recession.

In addition, labour market conditions have tightened over recent months, as seen in the above - trend growth in employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costs.

These advantages, in addition to falling material and labour costs, will make Canada the ideal country to invest and import from.

So far, however, this has failed to translate into rising consumer price inflation, because the strength of the US dollar and falling prices for raw materials have offset higher labour costs.

Overall, inflation remains low, owing to falling unit labour costs and subdued upstream price pressures.

Earnings in Indonesia were also expected to fall this year because of increased competition from new rivals such as Big Cola, rising labour and fuel costs and currency depreciation.

The evidence that is available about food production and processing, but not included in the Green Paper, is that the sector's businesses are in the main under considerable financial pressure as a result of falling real commodity prices, rising input costs, increased government regulations, rising labour costs, and lower retail margins.

For low risk women without complicating conditions at the start of care in labour, the mean incremental cost effectiveness ratios associated with switches from planned birth in obstetric unit to non-obstetric unit settings fell in the south west quadrant of the cost effectiveness plane (representing, on average, reduced costs and worse outcomes).25 The mean incremental cost effectiveness ratios ranged from # 143382 (alongside midwifery units) to # 497595 (home)(table 4 ⇓).

[179] Scottish Labour leader Johann Lamont said that any additional transaction costs would fall largely on Scottish companies, costing businesses in Scotland 11 times more than those in England.

Now Unison has said the number of its affiliates will fall by 70,000, costing Labour a further # 210,000.

«Under Labour the cost of motoring has actually fallen, while the cost of using the trains has gone through the roof,» Mr Baker said.

This saving had been earmarked to fund a «jobs guarantee» for the young unemployed, but Labour sources admit the falling number of jobless young people means this would cost less than expected.