Sentences with phrase «sector labour productivity»

Interestingly, public sector labour productivity has risen — a move which runs against long - term trends.

Not exact matches

Factory farming and the combine harvester increased labour productivity in the farming sector and reduced the need for agricultural workers.

The strength of resource production of late partly reflects an improvement in labour productivity in the mining sector, which is to be expected as new productive capacity comes on line.

Canada's «Achilles heel» is the country's lagging labour productivity, and while governments can help turn that around, it's ultimately up to the private sector to boost it, Scotiabank CEO Brian Porter said Tuesday.

It appears that the extensive changes in the economy over the past decade — including a structural fall in the inflation rate, productivity - enhancing changes in the labour market, corporatisation and privatisation of public - sector enterprises and substantial falls in the barriers to international trade — have led to an improvement in Australia's underlying rate of productivity growth.

To further contextualize Canada's serious issue with its productivity growth, a report put out by the Council of Canadian Academies states that since 1984, the relative labour productivity in the Canadian business sector dropped from more than 90 % of the US level to 76 % in 2007, putting the country 15th out of 18 comparative Organisation for Economic Co-operation and Development (OECD) countries.

In IT, despite very strong growth in IT services, our productivity in this sector is lagging the US due to underinvestment and shortages of skilled people, but attracting a skilled labour force plays into our strengths.

I say this because Canada's labour productivity level in the business sector has been lower than that of the US for almost 50 years.

For the purposes of encouraging high national productivity, government, labour and the private sector must collaborate to institute a management and labour productivity crusade including the introduction of a Service Charter that ensures that productivity is matched with remuneration.

A Labour government will drive forward the economic and industrial policy that Ed Miliband, Ed Balls and Chuka Umunna have been developing to create more high quality jobs in every region of the country by reforming our banking sector, modernising our infrastructure, and working with businesses to get the long - term investment we need in growing SMEs and the high productivity, growth industries of the future.

A team of economists and labour market specialists developed an innovative analytical technique to estimate the impact of the National Minimum Wage (NMW) on productivity across Britain's low - paying sectors, as defined by the Low Pay Commission.

8.2 achieve higher levels of productivity of economies through diversification, technological upgrading and innovation, including through a focus on high value added and labour - intensive sectors

And if labour costs actually rise generally with increased productivity, the absolute cost of legal work will increase as lawyer incomes rise with productivity in other sectors [13].