Persistently weak labor productivity growth has created a situation in which unit labor costs do not fall, even if real wages remain stagnant or decline.

Since then, however, the TFP growth rate has fallen by almost half.

The country's macroeconomic policy would determine the criteria for wage growth, adjusted for inflation, to keep pace with growth in labour productivity in order to ensure that households genuinely benefited from economic progress.

Worse still, labor has been displaced from more productive tradable activities (in manufacturing) to less productive informal activities (services).

Persistently weak labor productivity growth has created a situation in which unit labor costs do not fall, even if real wages remain stagnant or decline. Indeed, despite a 1.3 drop in real wages in 2011, unit labor costs remained unchanged.

Objective 3 application system productivity realization. Work with users to assess business needs and to solve business problems by technical means.

The Soviet authorities claimed that the Stakhanovite movement had caused a significant increase in labor productivity.

A larger capital stock would mean thicker markets, a finer division of labor, and a more productive economy.

Improving carbon productivity requires improving land productivity.

It was reported that during the first 5 year plan (1929 1932) industrial labor productivity increased 41 .

Unit labor costs have risen, and potential output growth has fallen.

Even in a situation with relatively slow demand growth and weak prices, new capacity may still be added successfully if production costs are low enough.

The Productivity of Trust

The theoretical effect on employment is unambiguously positive, because marginal workers will be more productive as they work longer.

The bulk of new employment has come in personal and social services, which is where the economy s least productive jobs are found.

In 2009, the United States had the third highest workforce productivity per person in the world, behind Luxembourg and Norway.

Their poverty causes low farm productivity, and low farm productivity reinforces their poverty.

To take an extreme example, labor productivity in Malawi s mining sector matches that of the United States economy as a whole.

Unit labor costs in Greece, Portugal, Spain, and Italy grew 20 30 faster than in Germany in the euro s first decade, and somewhat faster than unit labor costs in northern Europe as a whole.

In order to achieve more balanced and sustainable GDP growth, China s leaders must implement a set of deep, comprehensive, and long lasting institutional reforms aimed at boosting TFP.

The reallocation of workers to less productive service jobs has cost the British economy 0.5 points of productivity growth every year, a quarter of the total productivity gain over the period.

The key element of that agenda is to maintain employment growth.

The reduction of poverty as well as working poverty are also dependent on productivity growth.

Worse still, labor has been displaced from more productive tradable activities (in manufacturing) to less productive informal activities (services). In most Latin American countries, structural change has served to reduce rather than promote economic growth.

Staff productivity and cost elements should be considered together because staff cost structures differ across duty stations, in particular between field and Headquarters locations.

The Best, Brightest, and Least Productive?

In supporting the authority of the General Assembly by enabling it to act more speedily and be more productive, we are supporting the very essence of the United Nations.

In an agricultural society, the difference between the richest and the poorest, the most productive and the least productive, was five to one. Why?

A rapid reduction in unit labor costs, through structural reforms that increased productivity growth in excess of wages, is just as unlikely.

After a decade that saw wages grow faster than productivity, unit labor costs (and the real exchange rate based on those costs) appreciated sharply.

As a result, farm sizes would drop (as land was divided among ever more children), labor productivity would fall, and the poor would become even poorer.

From that standpoint, the CTC must work proactively to increase the productivity and effectiveness of its actions in the area of the provision of assistance.

It nurtures a pro business environment that encourages enterprise formation and growth, facilitates the growth of industries, enhances the productivity, innovation and capabilities of enterprises, and helps increase access to markets and business opportunities.

Even in South Korea, labor productivity in industry is 118 of the OECD figure, but only 43 of the average for services.

Of course, once an apprenticeship program is operational, the larger benefits implied by a more productive economy and lower unemployment will become apparent.

Unit labor costs reflect compensation levels and productivity gains in productivity can offset the effect of wage growth.

A larger capital stock would mean thicker markets, a finer division of labor, and a more productive economy. A highly productive society based on a sophisticated division of labor was how you secured the wealth of nations.

The rise in consumer spending was not, however, due to higher employment or faster income growth.

The Australian Government aims to maximize the ability of unemployed Australians to find work and to create the conditions to foster strong employment growth and higher productivity workplaces in Australia.

Per capita GDP, which reflects a country s average labor productivity and its overall technological and industrial achievement, is a useful proxy to estimate latecomer s advantage.

Sufficient resources should be devoted to education and vocational training to ensure higher productivity and better pay, and cultural obstacles should be removed so as to ensure that women had full access to the labour market.

In a region of pervasive unemployment, the key question will be how to ensure future employment growth.

First, services growth is beginning to tap a new source of labor income generation, the mainstay of consumer demand.

Migrants change jobs twice a year on average, as they grease the wheels of European labor markets with their mobility from less to more productive jobs.

New research shows that vaccines improve cognitive development in children, raise labor productivity, and contribute to a country s overall economic growth.