Employment
in sentence
3253 examples of Employment in a sentence
During the Great Depression, similar arguments were heard: government need not do anything, because markets would restore the economy to full
employment
in the long run .
This industry – and especially small-scale power generation like rooftop solar panels and green mini-grids – has the potential to power African
employment
growth.
In fact, we calculate that up to one-fifth of the AfDB’s jobs commitment could be met by economic activity linked to the off-grid solar industry alone – through direct and indirect
employment.
Worldwide, job growth in the renewables industry is booming, while
employment
in traditional power generation is shrinking (primarily owing to the closure of coal plants).
Listening to Africa’s Future FarmersNAIROBI – Africa is in the midst of a youth
employment
crisis.
If Africa’s
employment
gap is to be closed, agribusinesses must find ways to recruit younger hands.
In the advanced economies of the West, many people in all age groups are effectively left out of formal
employment.
In Europe, they are excluded from
employment
by labor agreements and in some cases by minimum-wage laws.
The best remedy is a subsidy for low-wage employment, paid to employers for every full-time low-wage worker they hire and calibrated to the employee’s wage cost to the firm.
What is needed is higher
employment
and pay through higher demand for the least productive workers.
Since the least skilled workers face morale problems that lower their wages and erode their employability, it makes sense to deliver the mutual gain that is redistributed to them through subsidies that encourage greater self-support and
employment.
And, unlike tax incentives, wage subsidies target only
employment
of low-wage workers.
A substantial low-wage
employment
subsidy is a fair and efficient way to achieve this important goal.
The pace of fiscal consolidation should be set with a keen eye on growth and
employment.
After all, the US economy is at or near full employment, and domestic demand is growing solidly.
Some at the Fed – Chairman Ben Bernanke and Vice Chair Janet Yellen – argue that policymakers can pursue both goals: the Fed will raise interest rates slowly to provide economic stability (strong income and
employment
growth and low inflation) while preventing financial instability (credit and asset bubbles stemming from high liquidity and low interest rates) by using macro-prudential supervision and regulation of the financial system.
All indicators – sales, traders’ incomes, production, and
employment
– are down.
But official data on monthly job losses and gains reveal an obvious V-shape here, too: as the graph below shows, the end of the free-fall for private-sector
employment
came precisely when Obama was inaugurated.
Those who claim that this spending does not boost income and
employment
(or that it causes harm) apparently believe that as soon as a teacher is laid off, a new job is created somewhere else in the economy, or even that the same teacher finds a new job right away.
Given this, one can only wonder why basic charts, such as the 2008-2009 “V” shape in growth and employment, have not been used – and reused – to make the case.
From the end of World War II until 2007, Western political leaders at least acted as if they were interested in achieving full employment, price stability, an acceptably fair distribution of income and wealth, and an open international order in which all countries would benefit from trade and finance.
The goal of full
employment
dropped off Western leaders’ radar, even though there was neither a threat of inflation nor additional benefits to be gained from increased openness.
Some economists, like Carmen M. Reinhart and Kenneth Rogoff of Harvard University, saw the dangers of the financial crisis, but greatly exaggerated the risks of public spending to boost
employment
in its aftermath.
Fortunately for the eurozone, it will enter this period of high
employment
and slow growth on sound footing – thanks, in part, to that controversial austerity.
By contrast, both the US and Japan are facing full
employment
with fiscal deficits higher than 3% of GDP – about 2-3 percentage points higher than those of the eurozone.
Big Firm or managerial capitalism characterizes economies where large firms – often so-called “national champions” – dominate production and
employment.
One of the most glaring features of this pattern is the disparity between China’s GDP growth, which has averaged nearly 10% annually over the last few decades, and its
employment
growth, which has amounted to just 1-2% annually.
The service sector, by contrast, experienced much slower labor-productivity growth (about 5% annually over the same period), meaning that it could be far more effective in generating
employment
growth.
The challenges fall into ten categories – a familiar list of key issues in this part of the world: democracy, education, employment, the environment, fiscal problems, health, infrastructure, poverty and inequality, public administration, and crime.
And the industrial livestock system, with its low wages and poor health and safety standards, does not provide a good alternative for
employment.
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