The profits recovery has been driven by continued strong productivity growth in conjunction with subdued compensation growth (due to
the weak labour market), which has seen unit labour costs fall by 5 per cent since June 2001 — the largest fall on record (Graph A4).
Household income growth has been held back by
weak labour market conditions.
The plan would not begin until 2017, perhaps to avoid concerns of placing additional payroll taxes on firms during a relatively
weak labour market.
In
weak labour markets, it is difficult for center - left parties to appeal to both groups.
It can even reduce employment chances by limiting the time available for job search and by failing to provide the skills and experience valued by employers»; and «Workfare is least effective in getting people into jobs in
weak labour markets where unemployment is high.»
CDEP would continue to operate for eligible people in remote locations and regional location with
weaker labour markets.
Not exact matches
«Foreign work experience is largely discounted by Canadian employers when the immigrant first enters the Canadian
labour market, and it is a
weak predictor of economic success,» the analysis said.
Consistent with the generally
weaker outcomes across the region, consumer price inflation has slowed in most countries and
labour markets appear to have softened.
The
labour market has also remained
weak, with the unemployment rate continuing to hover around 5 1/4 to 5 1/2 per cent, as has been the case for the past 18 months or so.
While the
labour market remains
weak, there are tentative signs that the stronger economic growth is beginning to have some impact.
However, despite the valiant efforts of left Rawlsians to press down hard on pre-distribution and force it to yield some radical implications (O'Neill and Williamson, 2012; Doron, 2012), in Miliband's formulation it seems a
weak reed, relying on
labour market interventions such as education and training to alter distributional outcomes.
«Economic stabilisers» are social security payments, and wage and housing subsidies (tax credits and housing benefit) that rise when
labour markets are
weak and wages stagnate during economic crises.
First, corporate profits are booming because of declining commodity prices and a
weak jobs
market that has driven down the cost of
labour (the share of U.S. GDP going to
labour income is at its lowest level in 50 years).
More recently, the IPA has been the driving force behind the establishment of a number of new non-profit front groups, including the Australian Environment Foundation - which campaigns for
weaker environmental laws - Independent Contractors of Australia - which campaigns for an end to workplace safety laws and a general deregulation of the
labour market, and the ironically named Owner Drivers Australia, which campaigns against safety and work standard for truck drivers.
The
labour market has been subdued since late 2011, characterised by
weak employment growth, a falling participation rate and a rising unemployment rate, although outcomes since the beginning of 2014 have been more positive.