Meanings of labor productivity in English

Increasing wages need to be set against increases in labor productivity.

As Europe's population ages, improvements in labor productivity will be key to higher living standards.

Nevertheless, the labor productivity gap between the European Union and key competitors has widened in the past decade.

According to HSBC, labor productivity growth in Asia, excluding Japan, has been slipping since 2007 along with economic growth rates.

The worries about a wage-inflation spiral are exaggerated, given strong labor productivity growth and lack of collective bargaining in China, she said.

But the International Monetary Fund (IMF) says khat chewing is hurting labor productivity as most activities stop in the afternoon.

An undeveloped legal system, sluggish bureaucracy and poor labor productivity have deterred foreign investment and frustrated many Saudi economic plans in the past.

They cited the need for strategies to use water more efficiently and improve infrastructure for water distribution, as well as improving labor productivity through mechanization.

Others in the industry are optimistic that miners can squeeze out more cost cuts at mine sites from better labor productivity and eliminating lower-grade ounces.

PRODUCTIVITY In a separate report, Statscan said the labor productivity of Canadian businesses increased 0.2 percent in the first quarter, in line with expectations.

He flagged ADP's labor productivity figures and the reference to an "upcoming release" of the Vantage 2.0 platform in the ISS report.

Labor productivity in France is relatively good, only a little behind that of the United States and the highest of Europe's major economies.

Labor productivity growth was flat around 1-1.5 percent in the years 2013 through 2016, having been at nearly 10 percent in 2010.