Sentences with phrase «labour market pressures»

However, it's expected this particular indicator could increase again in future years due to Singapore's rapidly ageing population and labour market pressures due to the stringent work visa measures in place on foreign nationals.

Still, there are some signs of labour market pressures in high - skill occupations and Chile's higher score in the Hays Global Skills Index this year reflects this.

The country dashboards present a detailed analysis of labour market pressures for each of the 33 countries featured in the Hays Global Skills Index.

A modestly improved global economy has seen labour market pressures ease slightly since 2016, as growing numbers of well - educated migrants provide a flow of skilled labour across countries.

These wage changes suggest an increase in labour market pressures, driven by hiring and subsequent demand for skills.

The Bank of England raised short - term interest rates by 25 basis points in June to 7 1/2 per cent, citing mounting labour market pressures and an inflation rate above target as key concerns.

You would therefore think that, by contrast, labour market pressures that reduce unemployment and cause wages to rise would be heralded as positive developments.

One example of labour market pressure is that job vacancies in the Netherlands grew in 2016, which indicates that employers are having some trouble finding the talented workers they need.

Not exact matches

In a competitive labour market, the increase in the demand for labour produces upward pressure on wages, and an increase in output supplied to a competitive goods market will drive down prices.

We have seen in our own case how liberalisation of financial markets has led to pressures to liberalise product markets (through ongoing tariff reductions and other forms), to bring more competition in the provision of infrastructures (such as transport, communications and power generation), and to free up the labour market (through, for example, enterprise - based wage bargaining).

The labour market had tightened as the unemployment rate had declined by around 3 percentage points in two years, and wage pressures were building.

Wages growth has remained moderate in recent quarters, and thus far provides little evidence of any increased pressures despite the stronger labour market conditions over the past year.

Subsequently, with continuing strong activity indicators, stretched labour markets and signs of possible pipeline price pressures (although core consumer prices remain benign), the Federal Reserve tightened monetary policy by 25 basis points to 5 per cent in June and then 5.25 per cent in August (Graph 5).

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.

One area where there is no evidence as yet of increased pressure is wages, despite a noticeable strengthening of the labour market over the past year.

It is possible, against a background of increasing inflation and a strengthening labour market, that the survey is signalling some pick - up in underlying wage pressures, but at this stage the extent of any such pick - up is difficult to assess.

Nonetheless, it is likely that considerable slack remains in the labour market, with the participation rate remaining well below the level of earlier years and little sign of upward pressure on wages.

Also, if domestic economic activity and demand were to be even stronger than expected, given the existing strength of the labour market, upward pressure on labour costs could emerge, eventually pushing inflation higher.

Labour markets are showing increasing evidence of an easing in wage pressures, and recent declines in business confidence may prompt a tougher stance by businesses in wage negotiations.

Demographic pressures place increased stress on already stretched labour markets and healthcare system.

Corbyn is resisting pressure from europhiles in the party, who want him to commit Labour to keeping the UK permanently in the European single market and customs union after Brexit.

«We believe that underlying inflationary pressures will gradually ease due to appreciable excess capacity, extended muted economic activity, and ongoing wage moderation amid substantial labour market slack,» he predicted.

Jeremy Corbyn is under pressure to clarify Labour's position on Brexit as a new poll reveals overwhelming support for remaining in the single market among the party's voters.

John McDonnell is to promise Labour will offer an «interventionist government» which will protect key British businesses from global market pressures.

Corbyn has never seemed that keen on the customs union, but he has faced pressure both from members of his team — the shadow Brexit secretary Keir Starmer has played a key role — and the fact that the majority of Labour members support customs union and single market membership.

On Thursday, Richard Angell, the director of Labour's centrist pressure group Progress, wrote an editorial arguing that policy of remaining in the single market would be the best move by Corbyn to unite all Labour members across the political spectrum as well as in leading trade unions.

Inflation, in particular, is expected to pick up «consistent with the expectation that a further tightening in labour market conditions would gradually feed into higher wage pressures.»

consistent with the expectation that a further tightening in labour market conditions would gradually feed into higher wage pressures

Aging baby boomers are leaving the workforce, which puts downward pressure on the nation's labour market, which in turn lowers productivity growth, limits the economy and suppresses inflation.

Meanwhile, pressure is mounting on the Labour Party leadership to back the case for staying in the single market and customs union.

But they are just one of the many casualties of the changing legal market, where downward pressures for cost, and increase ability to make demands on otherwise unemployed or underemployed labour supplies.

The indicator that most frequently showed an increase is overall «wage pressure»; a sign of labour market stress.

Taken as a whole, labour market conditions have begun to tighten across the globe, and pressures are likely to become worse before they get better as businesses fight for the talent to support their growth plans.

Each indicator measures how much pressure different factors are exerting on the local labour market.

Despite a modestly rising economic growth rate, higher talent mismatch indicator scores and a declining supply of labour — which would otherwise lead to a more pressured labour market — the Index score for Europe and the Middle East is 5.4 this year, down slightly from 5.5 last year.

Averaging across all countries, we found that labour market conditions have eased slightly this year, largely due to declines in overall wage pressures.

Each indicator measures pressure in the local labour market now relative to a period of economic tranquillity.

The score is calculated through an analysis of seven equally weighted indicators, each covering different dynamics of the labour market, such as education levels, labour market flexibility and wage pressures.

Employers continue to experience difficulties while navigating the supply and demand of skilled labour due to issues such as talent mismatch, inflexible labour markets and wage pressures in high - skill industries or high - skill occupations, with important implications for educators, policy makers, firms and workers everywhere.

Each component measures how much pressure different factors are exerting on the local labour market.

The Hays Global Skills Index began measuring pressures in labour markets across the globe in 2012 and has continued to do so on an annual basis.

The Hays Global Skills Index Score for Luxembourg increased this year, suggesting there is more pressure in the labour market.

Earnings growth is high relative to its European peers, a sign of the pressures present in its labour market.

Apart from increased labour market participation which increases the talent pool for employers to choose from, this is largely driven by lower overall wage pressures.

Analysing 31 countries, the Index throws a spotlight on issues such as education policy, wage pressure, labour market participation and talent mismatch.

The Hays Global Skills Index, an annual Index that looks at the labour market dynamics across 31 countries, aims to put in context the challenges employers will face as they compete for employees with the required skills and places a spotlight on the specific pressures faced by organisations and policymakers as they adapt to the rapidly changing demands of today's complex labour market.

The Hays Global Skills Index provides a score for each country of between 0 and 10 which measures the pressures present in its labour market.

These macroeconomic developments have ramped up the pressure on labour markets across the world.