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Ireland has continued to demonstrate strong levels of labourproductivity in recent years.
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Increasing wages need to be set against increases in labourproductivity.
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The campaign neatly coincided with a strong and sustained rebound in labourproductivity.
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As Europe's population ages, improvements in labourproductivity will be key to higher living standards.
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It says slow labourproductivity growth accounted for about half of the slowdown in wages.
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Increasing wages need to be set against increases in laborproductivity.
2
As Europe's population ages, improvements in laborproductivity will be key to higher living standards.
3
Nevertheless, the laborproductivity gap between the European Union and key competitors has widened in the past decade.
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According to HSBC, laborproductivity growth in Asia, excluding Japan, has been slipping since 2007 along with economic growth rates.
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The worries about a wage-inflation spiral are exaggerated, given strong laborproductivity growth and lack of collective bargaining in China, she said.
Usage of workforce productivity in English
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Schlumberger, which reported a better-than-expected quarterly profit on Thursday, is focusing on cutting costs by doubling asset utilization and increasing workforceproductivity.