Sentences with phrase «output per hours worked»

Labor productivity, or output per hours worked, increased at a 1.9 % annual rate from July through September, the Labor Department said Thursday.

The primary determinants of GDP growth over time are 1) growth in total employment plus 2) growth in real output per hours worked.

In terms of output per hour worked, year - ended productivity growth has eased to about 1 3/4 per cent, down from the average of 3 1/4 per cent prevailing in the previous three years.

The green line shows output per hour worked.

Labour productivity growth — the rate of growth of output per hour worked — is also a useful concept since labour productivity growth ultimately determines the sustainable rate of growth of real wages in the economy.

The article correctly confirms the statement by Labour's shadow business secretary that output per hour worked is higher in competitor nations.

Not exact matches

No, we generally have translated greater output in the few hours of work per week over the last century.

Canadian workers» productivity, or the output produced on average per hour worked (which is measure by dividing real GDP by an estimate of total hours worked over a certain period), dipped 0.5 per cent between July and September after declining 0.6 per cent between April and June.

The labour productivity of Canadian businesses fell by 0.6 per cent in the third quarter, the second consecutive decline, as the number of hours worked grew faster than business output.

Productivity is the ratio of output to input, or how much is produced per hour of work.

The real measure of productivity is the ratio of output to input, or how much is produced per hour of work.

Far from reflecting more efficient productive output from lawyers, «productivity per lawyer» is simply higher U (i.e. fewer lawyers are being pushed to work more billable hours).

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By comparison, during the 1991 to 2001 period, when GDP growth averaged 3.3 % per year, the working population was expanding at a 1.2 % annual rate and growth in output per hour averaged 2.0 % per year.