Sentences with phrase «lower labor productivity»

Because of the size of Germany, and those allied with them in the Eurozone, the Euro is a hard currency, harder than many cultures / nations with lower labor productivity would like.

Not exact matches

(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
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.
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).
It could be that other countries» productivity gains in steel production have been greater than ours, or their labor costs are lower, i.e., our unit labor costs are not so competitive.
Meanwhile, business owners still profit more from lower labor costs than they lose from either lower sales or less robust productivity gains.
So Germany's low unit labor costs are not simply the result of high technological productivity.
Since the 1940's, the 8 - year growth rate of U.S. labor force productivity has rarely exceeded 3 %, and the recent trend has been progressively lower.
Fourth quarter same — fourth quarter restaurant labor expenses were 50 basis points lower than last year on a percentage of sales basis due to increased productivity and lower restaurant manager incentive compensation expense.
Older people tend to have a lower demand for durable goods and a higher need for services in the labor - intensive, low - productivity segments of the economy like health care.
[2] While the labor input is running high, labor productivity, inflation and the term premium are all historically low, with plenty of room to rise.
I am a bit doubtful about China's economic expansion strategy — labor productivity is generally very low in Laos and Cambodia and those countries that are not already even part of the Chinese - driven bubble economy.
Such gaps tend to narrow for a number of reasons, including higher marginal productivity on cheaper labor and land costs in lower - tier cities, better economic integration with government - led redistribution of infrastructure and public resources from regional hubs to small neighbor cities, and broader penetration of technology, including smartphones and the internet, according to the Morgan Stanley research.
Meanwhile, at certain points its test scores lag behind those of low labor - productivity countries such as Hungary, the Slovak Republic, and Thailand.
If it becomes easier to unionize, that can affect wage rates and productivity even more as work rules bite into effectiveness and flexibility of work; both of these can lower profits in labor - intensive businesses.
He attributed prolonged weak productivity and the low labor participation rate as the primary reasons why the current economic expansion is the slowest since World War II.
Spader's presentation addressed past and projected movements in the homeownership rate, and Calabria dove into why reversing weak productivity and the low labor force participation rate are necessary to boost the economy.
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.
So either productivity growth has to accelerate from today's low levels or the labor force has to expand at a more rapid rate.
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