Sentences with phrase «slowing in labour cost»

Not exact matches

Growth in the all - important US services sector slowed for a third straight month in April, according to a closely watched survey, as optimism over the state of the American economy is tempered by concerns over labour shortage and rising input costs.

Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.

In turn, slower growth in labour costs is having a beneficial effect on international competitivenesIn turn, slower growth in labour costs is having a beneficial effect on international competitivenesin labour costs is having a beneficial effect on international competitiveness.

The slowing in wage growth across all industries has meant that firms have experienced relatively slow growth in their labour costs.

Core inflation has drifted higher over the past year, as slowing productivity growth has pushed up growth in unit labour costs, albeit from a very low level.

The latest NAB business survey shows total labour costs increasing at close to their fastest pace of the past five years, although still considerably slower than in the mid 1990s.

Remove that many workers from the labour pool and you create a labour shortage, which could prompt businesses to contract and slow down in order to fend - off the quickly rising cost of wages.

While surviving the declined labour productivity in the last two quarters, the first quarter statistics revealed a modest but hopeful increase by 0.3 % for Canadian businesses, with a decrease in costs by 1.8 %, attributed in some way to the slight, but slowed growth in hourly compensation.