Sentences with phrase «while labor productivity»

The Congressional Budget Office (CBO) estimates that during the 1950 — 1973 period, the labor force grew 1.6 % per year, while labor productivity grew at a strong 2.4 % rate, resulting in overall potential growth of 4 % annually.

Not exact matches

Between 1977 and 2011, the rate of new business creation dropped by half, while U.S. productivity rose by 87 percent, Bureau of Labor Statistics and Census data show.
Second, while the health care industry accounts for a large part of the U.S. economy, labor productivity within the space has been declining by 0.6 percent annually for the last two decades.
But: «A simple summary of the headlines for this release is that productivity improved while the labor costs grew faster.
WASHINGTON (AP)-- U.S. productivity fell in the April - June quarter by a larger amount than first estimated, while labor costs accelerated sharply.
While the assumptions about the future unemployment rate may be affected by policy, the fact is that slower U.S. population growth, coupled with an aging population, place substantial limits on labor force growth, which will leave U.S. GDP growth almost entirely dependent on changes in productivity.
[2] While the labor input is running high, labor productivity, inflation and the term premium are all historically low, with plenty of room to rise.
If an aver - age household today produces more than twice as much labor in hours as an average household did 25 years ago, and receives only a fraction more in real income, then obviously the value of labor has fallen — even while the productivity of labor in the same period has risen sharply.
We fabricate our oven accessories to exacting quality and regulatory standards, and design them to increase productivity and product yields while decreasing labor costs.
Special diets and allergen - free foods were estimated to cost $ 1.7 billion annually, while annual lost labor productivity so caregivers could accompany their children to medical visits was $ 773 million, according to the results.
They have since dropped to around 8.5 % because the labor market has tightened, wages have begun to rise while productivity growth has remained slow.
Virtual Paralegal Pros enables your firm to improve productivity, minimize turnover and re-hiring hassles, training and other labor costs, while conducting business more efficiently and profitably.
Led Six Sigma and lean manufacturing initiatives that reduced labor costs by 20 % while catapulting profit, productivity and quality metrics by 55 %, 75 % and 35 %, respectively.
Demographics patterns in the U.S. today do not support strong gains in the working age population and labor force without changes in immigration rates, while productivity growth has been stubbornly weak.
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