Employment
in sentence
3253 examples of Employment in a sentence
At the same time,
employment
gains have not translated into proportionately higher output, as productivity remains depressed, while inflation expectations remain subdued.
And why should they, given that record bailouts have not revived growth and
employment?
Most of the jobs created during this period have been in low-paid services, especially tourism, while overall
employment
remains 14% lower than its pre-crisis peak – the worst performance of any eurozone country except Greece.
The first waves of Venezuelans included many skilled workers (for example, chefs and limousine drivers) who could reasonably hope to find gainful
employment
quickly.
Many countries – even technologically savvy ones – can still benefit from the self-reinforcing cycle of technological advancement, rising productivity, and
employment
growth.
Luxembourg, Norway, and the Netherlands – three innovative and capital-intensive economies that regularly appear in the upper quartile of productivity per hour and employment, according to OECD data from 2001-2013 – are prime examples.
So let’s consider the Netherlands, which stands out as the only country that recently has appeared in the upper quartile not only in productivity and employment, but also in labor-market participation.
The Dutch labor market has the highest concentration of part-time and freelance workers in Europe, with nearly 50% of all Dutch workers, and 62% of young workers, engaged in part-time
employment
– a luxury afforded to them by the country’s relatively high hourly wages.
But a more lucrative – and common – source of part-time
employment
in the Netherlands is the subcontracting of “white collar” services.
But the Netherlands is much wealthier, and boasts high levels of per-hour productivity, employment, and participation – largely owing to its flexible and adaptive labor market.
This may be true when the economy is operating at full
employment
– when state and market are in competition for every last resource.
A recent McKinsey Global Institute study identifies five mutually reinforcing “game changers” that could have a significant effect on GDP growth, productivity, and
employment
in the US by 2020: shale energy, big-data analytics, exports in knowledge-intensive industries, infrastructure investment, and talent development.
Growth in energy and energy-intensive industries will fuel additional demand, output, and
employment
across a wide swath of supporting activities, including transportation, construction, and professional services.
House Democrats oppose the bill and invited me to the hearing, where I explained that the proposed constraints would, in my view, greatly hamper the Fed’s effectiveness – including its ability to help the economy return to full
employment
and to prevent the financial system from spinning out of control again.
Mending Bangladesh’s Garment IndustryKUALA LUMPUR – Four years ago, the deadly collapse of the Rana Plaza garment factory in Bangladesh pulled back the curtain on the
employment
practices of the global apparel industry.
Meanwhile, the Bangladesh Garment Manufacturers and Exporters Association has pledged to phase out child labor and put children back in school – female school enrollment is typically lower in areas of high garment-industry
employment
than in other areas – upholding a 2010 law prohibiting
employment
of children under 14.
This has made it more attractive for young girls to take up paid
employment
in the sector, which, paradoxically, does have some social benefit.
In such a situation, when many young girls must choose between factory work and marrying young, banning factory
employment
for girls under 18 would do more harm than good.
Many policymakers and economists have observed that the recovery from the 2007-2008 financial crisis has been much slower than most recoveries of the post-war era, which needed only a little more than a year, on average, to restore output and
employment
to their previous levels.
By this standard, the current recovery is unacceptably slow, with both output and
employment
still below the previous peak.
Stein’s view, expressed in a speech earlier this spring, is that central banks should be less aggressive in their pursuit of full
employment
in an environment of heightened financial risk.
It is possible to have full
employment
in some remote village even though no businesses are hiring in that neighborhood, or even in that nation.
The concept of a “skills premium” – the difference in wages between skilled and unskilled workers – dictates that higher educational attainment should lead to higher compensation and more secure
employment.
Precipitate austerity is hardly likely to help the economy find its way back to higher
employment
levels.
– who agree with the optimists about the scale and scope of innovation but fret about the adverse implications for
employment
or equity.
The consequences of any innovation for productivity, employment, and equity ultimately depend on how quickly it diffuses through labor and product markets.
From a macroeconomic perspective, infrastructure investment is a “twofer”– it strengthens productivity and competitiveness in the long run and, where there is unused capacity, it boosts demand, output, and
employment
with significant multiplier effects in the short run.
But the crowding-out logic applies only to conditions of full employment, conditions that clearly do not exist in most of Europe today.
A new reckoning is warranted, one that accounts for the full costs of underinvestment in terms of foregone
employment
and growth.
These tools, along with excessive fiscal austerity, may have higher costs in terms of foregone
employment
and growth – and rising political discontent – than “risky” alternative options.
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