Sentences with phrase «raising labor productivity»
Instead of raising labor productivity and living standards, it is a purely mathematical dynamic that governments can not rescue in the end.
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Most benefits may come not from reducing labor costs but from raising productivity through fewer errors, higher output, and improved quality, safety, and speed.
Race to the bottom: A term for dog - eat - dog competition by which countries compete by cutting wage levels so as to produce in the cheapest market, not by raising wages and labor productivity.
Greater flexibility is needed in the labor market, and productivity must be raised.
Automation is forecast to raise productivity by as much as 30 percent in many industries, and cut labor costs by at least 18 percent in the coming decade, according to recent research from The Boston Consulting Group.
Controlled expenses and raised productivity, remained flat with store plan for labor expenses and income, raised productivity by an overall 30 %
«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening labor market; limited labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior economist at realtor.com ®, in a statement.