In a presentation to the Canadian Association for Business Economics in August, Industry Canada economist Annette Ryan reiterated the familiar productivity lament: beginning in the 1980s, growth in Canadian labour productivity, defined as GDP
per hour worked, has been steadily declining and now trails the U.S. and the majority of other G7 countries.
If you're skeptical about an «innovation index» meaning much in a practical sense, then consider this: in terms of productivity (measured by GDP
per hour worked), Canada ranks far below the G7 average — a staggering 12 per cent below, in fact — and only marginally above that of the broader OECD.
The primary determinants of GDP growth over time are 1) growth in total employment plus 2) growth in real output
per hours worked.
If we use the Canadian data for four of the components, but use the U.S. productivity level (which is US$ 52.40
per hour worked) instead of the Canadian productivity level (which is US$ 41.50 per hour), the income per capita in 2011 is $ 44,638.
Similarly, unit labour costs (based on compensation
per hour worked) picked up a little in the December quarter, rising by 1.4 per cent to be 2.3 per cent higher than a year ago.
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.
Labor productivity, or output
per hours worked, increased at a 1.9 % annual rate from July through September, the Labor Department said Thursday.
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.
If you're working a job that pays you $ 20
per hour working 40 hours per week, it will take 4.5 weeks to pay that off.
Over the year, compensation per employee increased by 2.8 per cent and compensation
per hour worked increased by 3.0 per cent.
Unit labour costs (based on compensation
per hour worked) increased by 0.9 per cent in the March quarter, to be 2.4 per cent higher over the year.
A blog seems like the best idea as startup costs are minimal, hours can be low / normal, and once its successful you earn a ridiculous amount
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.
Growth in non-farm GDP
per hour worked — a broad measure of labour productivity — has averaged 1.8 per cent per annum since the start of the recovery, a higher rate than in the corresponding phase of the previous cycle, but slightly lower than in the 1970s cycle.
Unit labour costs (based on compensation
per hour worked) grew by 1.3 per cent in the June quarter to be 2.8 per cent higher over the year, which is around the average growth rate of the past few years.
Real G.D.P
per hour worked is 16 percent lower than in the United States, which makes Swedish productivity about the same as Canada's.
Productivity has indeed risen sharply (see Figure 1 below), measured not only as GDP per worker (11 per cent since the onset of the crisis, the highest of any of the euro zone countries), but also in terms of GDP
per hour worked (8 per cent since 2008).
The article correctly confirms the statement by Labour's shadow business secretary that output
per hour worked is higher in competitor nations.
While the average civilian employee receives $ 1.92
per hour worked for retirement benefits, teachers receive $ 7.38 per hour in retirement compensation.
If the immediate pressure is greater to produce the $ 165
per hour work and the firm has no response for the $ 205
per hour work, the $ 205
per hour work is at risk.
OECD data on labour productivity (GDP
per hour worked) suggests that greater productivity is realized with shorter hours.
John — Billable hours involve billing clients
per hour worked as opposed to another fee structure.
Additional Information Start date: April 2018 - interviews taking place ASAP Salary: $ 8.45 - $ 8.97
per hour Working Pattern: Monday to Friday, shifts between 8am - 7 pm.
Federal employees» benefits are worth about $ 20
per hour worked, according to a 2012 estimate by the Congressional Budget Office.
(Compensation will be awarded
per hours worked according to the wage and hour laws).
If you love fast paced working environments, working to targets and would like to pursue a career in recruitment, then this is the role for you The What... Job Title: Recruitment Specialist - Temporary Pay: # 8.50
per hour Working Days: Monday - Friday (9 am - 5.30 pm) Contract Length: 4 weeks We are looking...
Temporary — Legal Secretary VR / 06151 Location: Chandlers Ford Contract type: Temporary Salary: # 10.00
per hour Working hours: Monday - Friday 09:00 am - 17:00 pm.
Comer was shocked to learn that West received only $ 253 each month from Supplemental Security Income (SSI) and made $ 8
per hour working 25 hours a week as a greeter at Wal - Mart.
Chris gets on average 2 quality leads
per hour they work and 50 % of those are YES leads.
Not exact matches
It's worth the effort, as less paper allows Kypuros to «
work less, smarter and hopefully increase my dollar
per hour value.»
Time clocks or official attendance ledgers are also used to let employers know exactly how many
hours a particular employee
works per day so that they can be paid accordingly.
Essentially, you will be paying this individual to do specific
work at a set rate
per hour or
per day because he or she has expertise that you need on a temporary basis.
Office workers now receive an average of more than 100 emails
per day and spend 6.3
hours checking both their
work and personal messages.
Speaking of
work - life balance: Musk reportedly
works about 85 to 100
hours per week, but until I'm worth $ 19.5 billion, I'll pass on that.
CDL schools are generally seven weeks long if you do them full time, and full time means 40
hours per week, which pretty much precludes
working, so you'll need to plan accordingly.
Over half of the people surveyed (55.9 %) thought that putting in «an extra 10
hours per week for life» was worth a bump in pay, apparently not realizing that
working 25 % more
hours for a 10 % bump isn't exactly a good tradeoff.
I changed my
per -
hour work into monthly contracts and projects — turning my services into products I could sell to clients.
Surprisingly, the survey also found 41 percent of small - business leaders would be skeptical of artificial intelligence's ability to accurately help with their administrative tasks, even though the majority of them spent two or more
hours per day on admin
work.
However, even among full - time workers (those usually
working 35
hours or more
per week), men
worked longer than women — 8.4
hours, compared with 7.8
hours, respectively, according to the Bureau of Labor Statistics.
According to the Bureau of Labor Statistics, the average American
works 44
hours per week, or 8.8
hours per day.
New research from Stanford shows that productivity
per hour declines sharply when the workweek exceeds 50
hours, and productivity drops off so much after 55
hours that you don't get anything out of
working more.
Sport Clips is a sports - themed haircutting franchise specializing in haircuts for men and boys, and offers a semi-absentee, recession resistant, lifestyle franchise (12 - 15
hours per week is typical) for entrepreneurs who want to continue to
work at current job while building an investment in their business.
In a recent survey by Wrike, 1,000 + respondents from various organizational levels, 83 % of them said they
work remotely at least an
hour per day.
«Companies get a deal when they hire an employee for $ 75,000, but don't tell the employee they expect them to
work 60
hours per week!»
Last year, instead of paid time - off, Apple donated $ 50
per hour for volunteer
work employees performed as part of its gift matching program.
If you're all - consumed with $ 10
per hour busy
work, you have no time to stop and ask yourself, «What salvo should I launch next week that will double sales next year?»
Decades of research show that
working more than 40
hours a week is unsustainable and severely dents productivity
per hour, and neuroscientists and others warn that failing to give your brain adequate time to rest and recuperate is a recipe for disaster (which you might guess that many people have grasped for themselves, given the current mania for «mindfulness»).
Similarly, Canadians
worked 1.4
hours less
per week in 2012 than they did in 1976.
I
work 14 - 16
hours per day teaching and I focus really hard on offering as much value as I possibly can.