Sentences with phrase «on labor productivity»

Review project cost incurred to date by cost type and forecasting future costs on labor productivity, materials / equipment price increases, subcontracts, wage rates, risk and other related factors.

Not exact matches

Chart 5 below highlights that despite its well - known productivity growth, unit labor costs are on the rise as wage growth has outpaced that of productivity.

To combat a tightening talent market, companies must focus on improving productivity and operational efficiencies, rather than relying on cheap and plentiful labor, as some have in the past.

Based on estimates of labor force and productivity growth at the time, if you asked a standard - issue macroeconomist back then where real GDP would be today, this is the line she would have showed you.

By 2015, analysts had significantly marked down GDP growth, based on the fact that the labor force had contracted more than they thought back in 2007 and productivity growth was slower.

Improved management and automation enables production with fewer people Falling need for labor inputs means that labor force and labor productivity growth are not the constraints on production growth they once were.

While the assumptions about the future unemployment rate may be affected by policy, the fact is that slower U.S. population growth, coupled with an aging population, place substantial limits on labor force growth, which will leave U.S. GDP growth almost entirely dependent on changes in productivity.

Contingent workers are key to increasing productivity, extending recovery Government policies threaten to ossify labor markets and stunt growthThe often - maligned phenomenon of contingent workers could play a key role improving workers» lives and productivity but so much depends on government policy, writes Peter Morici.

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.

«The only way to get to 3 percent growth on a sustained basis is faster growth of the labor force or faster growth of productivity.

Per the BBVA Research Department, the potential long run GDP growth trend should revert to around 2 % -2.2 % based on expectations for labor (major factor being U.S. demographics, i.e. aging of the population), capital growth, and productivity.

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.

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.

But in fact it focuses on labor, with the understanding that labor productivity increases capital as well.

When labor was scarce and raw materials and sinks for pollution were large, it made sense to concentrate on increasing labor productivity.

For example, to concentrate on increasing the use of petroleum to replace human labor in agriculture, for the sake of increasing the productivity of labor, no longer seems a wise policy.

However, standard economic development theory focused on increasing productivity, that is, the amount of goods produced per hour of human labor.

It is committed to an industrial - market - system that solves its problems by growth based on increasing the productivity of labor.

It is by specialization that productivity is increased; and economic growth depends on productivity, that is, the amount produced per hour of labor.

So, as a human society, where so much of the emphasis has been on preparing and improving the productivity of the workforce, and people's lives center around the labor they contribute to economies, what do you do when you don't NEED everyone to work?

«Prevailing wage laws ensure that contractors compete based on skill, productivity and experience, removing the incentive to exploit workers in order to minimize costs,» said state Labor Commissioner Roberta Reardon.

As part of the deal, the de Blasio administration and the sanitation workers» union will create a joint Labor - Management Committee on Productivity, which will review productivity targets related to the mayor's plan, announced last month, to cut all waste from landfills by 2030.

Risky Business based its findings on data from the National Climate Assessment and Intergovernmental Panel on Climate Change (IPCC) reports, as well as peer - reviewed literature on extreme weather impacts on crops, labor productivity and energy system performance.

«Our study suggests that the effect of human capital on economic growth is larger in high - quality - of - life counties — natural amenities such as clean air and temperate climate, could potentially attract human capital and perhaps increase labor productivity, thus boosting the effect of human capital on growth,» said Fan.

His research explores the impact of global warming on the economy, including labor productivity, mortality rate, and agriculture yields, among other economic factors.

Thus Eric Hanushek's emphasis on education as key to labor productivity seems not altogether consistent with recent experience.

Indeed, in countries with labor parties in Europe today, it is not unusual for the labor party, when in power, to put a brake on wage growth in order to forestall inflation, or to resist calls for more benefits when productivity growth does not justify increased benefits.

Division of labor has worked wonders for the production of clothing, computers, and automobiles — but it doesn't have the same transformational effect on productivity in teaching, a new study by economist Roland G. Fryer Jr., finds.

The competitive labor market allows many small adjustments, which on average tie wage levels to overall productivity, not to the artificial scarcity created under the NLRA.

The consequences are a reduction in America's labor force productivity, future increases in spending on the social safety net, and a loss of tax revenue.

Among them are deleterious effects on children of unregulated and often substandard childcare; [9] lost productivity for employers due to parents missing work to handle gaps in childcare or to care for a sick child; [10] lost wages and reduced retirement benefits for parents who have to drop out of the labor market to provide at - home care for their young children; [11] a substantial downward pressure on the wages of childcare workers with effects on the quality and stability of the childcare workforce; [12] and lost opportunities for further education, [13] college savings, and other investments that working parents could make in themselves and their children but can not afford because they are spending most or all of their disposable income on childcare.

Moreover, math curriculum continued to have «striking» effects on earnings even after controlling for highest degree earned and college major as well as demographics, family, and school, suggesting that «there is a direct effect of math curriculum on labor market productivity, which works independently of the final degree attained.»

Most economists expected the government to revise unit labor costs up and productivity down for the fourth quarter because fourth quarter readings on gross domestic product were also sharply revised down.

Representing a cherished «altarpiece» of productivity and potential income in the makeshift squatter homes of apartheid - era townships, as well as the labor and repression symbolized by the American - manufactured sewing machine, the performers sew endless bolts of cotton and raw silk into long tails that pile up on the floor surrounding them.

His research explores the impact of global warming on the economy, including labor productivity, mortality rate, and agriculture yields, among other economic factors.

The thing is that at some level, the success of Brazil's ethanol program depends on the productivity of its sugar plantations and on the availability of cheap (almost slave) labor.

Statistics on United States productivity, employment and unemployment, pay and benefits, and on the job injuries are also provided by the Bureau of Labor Statistics.

Manages the overnight shift payroll verification, labor productivity, inventory control and submits to finance department on a weekly basis.

Warehouse Manager Goodwill Industries, Lyons, NE 2009 — Present • Manage receiving, shipping and distribution procedures by coordinating processes and labor • Ensures safeguarding of warehouse operations by monitoring procedures and protocols • Control inventory levels and issue work orders • Maintain the appearance of the warehouse by employing aesthetics and logistics • Ensure that productivity targets are constantly met • Ensure quality and quantity of received and shipped goods • Produce periodical reports on work processes and warehouse workers