This creates a powerful incentive to overinvest and implies enormous redistribution from households to SOEs, most of which would be losing money if they had to borrow at market equilibrium interest rates. Moreover, labor repression has caused wages to grow much more slowly than productivity.

Moreover, labor repression has caused wages to grow much more slowly than productivity.

Raising women s labor market participation rate boosts economic performance in a number of ways.

Raising women's labor market participation rate boosts economic performance in a number of ways.

It will undermine labor s skills and productivity.

Inflation is bad for growth and productivity.

Many labor market inflexibilities also persist.

But it will do so only if serious institutional deficiencies are eliminated.

It will lower transaction costs and increase labor productivity.

Employment has increased, but labor productivity has remained flat and total factor productivity has declined.

Jobs on the market are for rural to urban migrants.

But China's labor productivity is now growing at roughly 6 per year.

It is aimed at dealing with long term changes in the labor market, rather than assuring temporary wage levels.

US wage inflation and productivity are not the problems but commodity prices are.

But China s labor productivity has been growing by 9 a year, on average, over the last decade.

Inflation will soon be the last problem that central banks will fear, as renewed slack in goods, labor, real estate, and commodity markets feeds disinflationary pressures.

As the price performance makes new applications feasible, new applications come to the market.

Labor productivity is also quite low For most economies in the region, service sector productivity is less than 20 of the OECD average.

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

Social redistribution can be effected through fiscal measures rather than by direct intervention in the labor market. That s how it was done in the early days of the welfare state.

These French social institutions are designed with a purpose to protect the French labor market s insiders.

Social redistribution can be effected through fiscal measures rather than by direct intervention in the labor market.

To be sure, structural reforms often favor policies like labor market flexibility.

EU single market provisions have forced French companies to compete without the crutch of traditional protectionist measures and state subsidies.

The best French companies have cut costs ferociously, improving productivity and expanding production abroad.

In spite of the favourable situation in the labour market, the issue of real disposable incomes leaves a lot to be desired.

Western Europe's productivity per hour worked, for example, is now only 10 or so below America's.

Technological change and globalization have created similar labor market challenges in other developed countries.

Whether the US economy is still in recession depends on how we answer this question.

If the world continues on its current course, labor market imbalances will worsen significantly in the coming years.

Or is a recession a period when the labor market becomes worse for a typical worker?

Without structural reforms, especially of the labor market, Abenomics cannot succeed in the long run.

A positive trend is also evident in the labour market, where the rate of unemployment fell to 5.4 .

It has been said that, in lieu of being provided with practical skills, university graduates have even been replaced by migrant workers in the job market.

The existence of two classes of workers those on permanent versus temporary contracts has led to an increasingly dual and unequal labor market.

In one way, this is a sign of economic progress the output of each unit of labor is constantly rising.

However, the Washington area may lag behind as the slowdown in federal spending takes its toll on the region's labor market.

The recent increase in South Korea s minimum normal retirement age has done little to improve the labor market outlook.

The collective response, adopted in 2000, has been the Lisbon Strategy, which aims at making the EU the most dynamic and competitive knowledge based economy in the world by 2010. More realistically, it is designed to provide governments with the incentive to undertake the reforms that stimulate economic growth and productivity.

More realistically, it is designed to provide governments with the incentive to undertake the reforms that stimulate economic growth and productivity.

Also among the contributors were many people with qualifications which, up until a few years ago, were highly valued in the labour market.

For the Puerto Rican authorities, this means making the island friendlier to business, including by removing onerous labor market regulations.

(iii) To promote recognition of the skills, merits and abilities of persons with disabilities, and of their contributions to the workplace and the labour market

As wages grew faster than productivity in the run up to the crisis, competitiveness also suffered, and domestic demand became the main engine of growth.

The output of this factory has increased by 20 .