Sentences with phrase «less labor productivity»

Without high - tech startups driving innovation and economic efficiency, the United States should experience less labor productivity.

Not exact matches

The Bureau of Labor Statistics shows that productivity has only risen 1 % YOY from 2015 to 2016, much less than the typical increase experienced earlier in the decade.

The rest is attributable to businesses having a lot less physical capital (such as machines and software) than was anticipated, and having unexpectedly low total factor productivity (the productivity of labor and capital).

Meanwhile, business owners still profit more from lower labor costs than they lose from either lower sales or less robust productivity gains.

[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.

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.

The chief argument against decentralizing production and attending to the well being of workers is that it would lead to less productivity of labor, less efficiency, higher costs, and inferior goods.

Moreover, culinary training and the proper equipment make labor more efficient and effective resulting in greater productivity and less food waste.

Also, given how many commodities are priced globally, and those have become a more important part of the cost structure recently (though the effect is not that bad if one takes a long - term view... increased productivity means we use less commodities to achieve the same ends as 40 years ago), the factor share going to labor in developed countries is probably being squeezed a little.

A healthy economy increases productivity and produces more goods and services with less, not more, labor.

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.

In a report issued from the Congressional Budget Office (CBO) in January, average GDP growth was projected to be less than 2 % per year between 2017 and 2020 due to sluggish growth in the labor force of 0.5 % and productivity growth of less than 1.5 % per year.

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.