Workers
in sentence
5388 examples of Workers in a sentence
Only after the Iron Curtain’s fall and the establishment of market economies in ex-communist countries did the lack of competitiveness of German
workers
become apparent.
Given this, the Heckscher-Ohlin-Stolper-Samuelson model may be more useful, as it distinguishes between
workers
and owners of physical, financial, or human (skills) capital.
Workers
could command higher wages if they did not have to compete against abundant labor in poorer countries.
It was precisely at that time, however, that the HO-SS trade theory’s prediction that free trade would hurt lower-skill
workers
in rich countries apparently began to materialize.
As Pinelopi Goldberg and Nina Pavcnik reported in 2007, the expectation that trade would reduce inequality in the countries with the most unskilled workers, because their services are in greater demand in an integrated world market, has not been borne out.
“There is overwhelming evidence,” they write, “that less-skilled
workers
in developing countries “are generally not better off, at least not relative to
workers
with higher skill or education levels.”
Technological progress – which has raised demand for skilled
workers
relative to unskilled workers, at a time when the supply of skilled graduates lags – seems to be a major factor everywhere.
We need to change public opinion and build bridges in policy areas that are currently creating divisions, including migration, posted
workers
from one country to another within the EU, and energy policy.
Just as the landed gentry ridiculed the new industrialists who sullied farmland with huge factories, so some industrialists ridicule today’s knowledge workers, calling them hamburger flippers.
But if his plan is for the US to retreat unilaterally from global trade, the outcome is likely to hurt many US
workers
for the benefit of a few.
So, instead of improving their competitiveness, the agreement is likely to increase the number of displaced
workers
and producers.
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.
Yet in the MENA region, the opposite has happened: university graduates are far more likely to be unemployed than are
workers
with only a basic education.
Because the future economy will need technologically capable workers, curricula should be reoriented toward STEM (science, technology, engineering, and mathematics) subjects and away from the social studies that were long prized by public-sector employers.
That’s an interesting discussion, particularly at a time with unemployment is still above 8% (with recent declines largely the result of many jobless workers’ decision to stop looking and drop out of the labor force altogether).
The Insider Brain GainNEW YORK – Unfortunately, many new technologies and business models make money for investors without creating jobs for
workers.
But it is exciting to see a company designed to extract some of the highest-value cognitive surplus around, and to make money both for the company and its – well, they are not exactly
workers.
Questions are answered more quickly when there is a reward, but many of the
workers
help even when there is no reward.”
But when the technology requires high skills – technological change is “skill-biased,” in economists’ terminology – its adoption and diffusion will tend to widen the gap between the earnings of low- and high-skill
workers.
Peasants could be transformed into factory
workers
virtually overnight, implying significant productivity gains for the economy.
The apparent paradox is resolved by noting that rapid productivity growth in the pockets of innovation has been undone by
workers
moving from the more productive to the less productive parts of the economy – a phenomenon that my co-authors and I have called “growth-reducing structural change.”
First, the key resources that command high prices and thus produce wealth are not fixed, like land, but are variable: the skills of craft
workers
and engineers, the energy and experience of entrepreneurs, and machines and buildings are all things that can be multiplied.
As a result, high prices for scarce resources lead not to zero- or negative-sum political games of transfer but to positive-sum economic games of training more craft
workers
and engineers, mentoring more entrepreneurs and managers, and investing in more machines and buildings.
Government educates and invests, increasing the supply and reducing the premium earned by skilled workers, and lowering the rate of return on physical capital.
Unfortunately, with a large export sector that employs scores of millions of workers, this dependence has become structural, which implies that to reduce China’s trade dependency and trade surplus is much more than a matter of adjusting macroeconomic policy.
The wheels of Philippine justice need retooling, so much so that the country’s Chief Justice himself recently called for an emergency summit to discuss a rash of extra-judicial killings that have the claimed the lives of leftists, human rights workers, and journalists under President Gloria Macapagal Arroyo.
By identifying and investing in those parts of agricultural value chains where young people can contribute, African leaders can create decent formal job opportunities in, say, light manufacturing for relatively low-skill
workers.
Only a small amount of skills training would be required to lift
workers
– such as the 120 now employed at a tomato paste factory in Nigeria – from the bottom of the value chain.
Countries in most developing regions, such as Latin America, North Africa, the Middle East, and much of Asia, may be able to absorb their armies of potential
workers
into productive employment and benefit appreciably from the ensuing economic boost.
More flexible pension arrangements, legal reforms, and media and education campaigns aimed at shifting employers’ perceptions of older
workers
will allow individuals to keep working for longer.
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