Productivity
in sentence
2837 examples of Productivity in a sentence
It should be noted, however, that
productivity
gains are partly attributable to a massive wave of employee layoffs – the dark side of economic remediation.
Third, let us hope that the Republican tax package will, if enacted, deliver on its promise of increased investment, output, productivity, and wages over the coming decade.
But the tax package can still be expected to boost output, productivity, and wages.
A better mix of fiscal and monetary policies and sustained measures to enhance
productivity
and competitiveness remain necessary conditions for addressing America’s labor-market challenges.
Europeans, who were called on to improve
productivity
and raise domestic demand, reformed their economies at a glacial pace, while China maintained its export-led growth strategy.
In the long run, this lowers labor
productivity
and wage levels.
By contrast, many other countries with high levels of wealth and
productivity
are not recognized as bastions of higher education.
And, second, could British universities themselves do more to drive
productivity
and wealth creation, by enhancing job opportunities and addressing labor-market failures in their own immediate vicinities?
Given this possibility, McAfee suggests, we may need to re-build our societies so that, as intelligent machines increase productivity, the declining demand for human work has welfare-enhancing outcomes like higher (and more equitably distributed) incomes and more leisure time.
But throughout that process,
productivity
gains have been reinvested to create new innovations, jobs, and industries, driving economic growth as older, less productive jobs are replaced with more advanced occupations.
In an era of stalled
productivity
growth and declining working-age populations in China, Germany, and elsewhere, automation could provide a badly needed economic boost.
Higher
productivity
implies faster economic growth, more consumer spending, increased labor demand, and thus greater job creation.
Even though new occupations will likely replace those lost to automation, wages may take time to catch up to the reality of higher labor
productivity.
We estimate that, unless workers’ skill sets are upgraded, today’s mismatch could double in severity within ten years, resulting in major
productivity
losses and higher levels of inequality.
Finally, it is imperative that we reinvest AI-driven
productivity
gains in as many economic sectors as possible.
But without a strong local AI ecosystem, today’s
productivity
gains may not be reinvested in a way that fuels spending and boosts demand for labor.
By continuing to shunt Roma children into “special” schools, where expectations are low and results still lower, EU member states are squandering hundreds of millions of euros annually in
productivity
and tax revenues.
According to this view, the total payment to a factor of production should not exceed its marginal productivity, so desirable outcomes should be promoted through tax incentives.
But, as early twentieth-century theorists pointed out, collaboration and exchange within a nation’s diverse labor force increase everyone’s
productivity.
I had assumed, when I made my projections in 2010, that the region’s poor demographics and weak
productivity
would prevent it from growing at more than 1.5% a year.
The answer is that blaming the Euro is an easy way to deflect attention from the true cause of Europe's economic malaise: a surprisingly low level of
productivity
per capita.
Europe's low
productivity
reflects a simple statistical fact that fatally undermines relatively high
productivity
per hours worked: weak participation in the active labor force means that Europeans work a very low number of hours.
If an exporting firm is only profitable when the Euro falls to $0.80 or $0.90, it better start increasing
productivity
fast if it is to survive with the Euro back up at $1.17.
It was innovation, and high productivity, not a weak currency, that enabled German and Japanese goods to conquer the world.
The bottom line is that Europeans should worry and talk less about the Euro exchange rate, and spend the time they save trying to address their real problems: low productivity, market rigidities, fiscal polices constrained by the Stability Pact, and bankrupt pension systems.
Given India’s massive projected population growth, its leaders must increase agricultural
productivity
and improve supply management.
Yet, even then, the eurozone’s per capita growth rate is unlikely to be much lower than that of the US, because the difference in their
productivity
growth rates is now minor.
Bureaucratic enterprises are typically allergic to taking big risks – that is, developing and commercializing the radical innovations that push out the production-possibility frontier and generate large sustained jumps in
productivity
and thus in economic growth.
In our view, the limits of managerial capitalism explain why, after approaching US levels of per capita income in the late 1980’s, both Western Europe and Japan failed to match America’s information-technology-driven
productivity
resurgence that began in the 1990s.
In order to cap the rise in labor costs, wages were suppressed, growing by only 5% annually over the last 20 years, even as
productivity
grew at an annual rate of 8.5%.
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