But productivity growth has been disappointing, partly because so much of the economy is in the public sector.
Yet the general wage level is set not by specific sectoral productivity but by general productivity across the economy.
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More staff, especially nurses, have been recruited, but overall productivity has fallen (see first chart).
The Fed said that core inflation was increasing but that productivity gains have held down the rise in unit labor costs.
Shandler: Kotchman was the playing time beneficiary of the departures of Russ Branyan and Justin Smoak but his productivity has yet to capitalize.
But if productivity growth suddenly increases, workers are initially happy with the previous pace of real wage gains, so unit labour costs decline, allowing both unemployment and inflation to fall.
But service productivity growth defies conventional thinking.
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As a city's economy tilts toward technology, it can result in a large jump in productivity but also a shrinking labor force, given the added productivity tends to require fewer workers.
But the same productivity rules that apply to everyone else, also apply to him.
Europeans work less time, but register faster productivity gains new ILO statistical volume highlights labour trends worldwide.
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But as his productivity increased, by 1913 he could enjoy a much-improved standard of living working only 2, 632 hours.
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He thinks computers are to be found everywhere but in the productivity statistics.
But with accelerating productivity, and hence a rising speed limit, such a framework for analysing the economy poses problems.
But just as productivity cannot accelerate indefinitely, so these imbalances cannot increase indefinitely.
But with research productivity dropping across the industry, laggards might want to think first before they try to disrupt themselves.
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But its overall productivity growth has fallen behind in recent years.
But if manufacturing productivity is better than was thought, the study says, the flipside is that productivity in the service sector must be much worse.
Second, scientific advance tends to have increasing returns to scale: adding more scientists to a community does not diminish individual marginal productivity but tends to increase it.
But while manufacturing productivity is up, manufacturing employment is not.
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It does nothing to increase productivity but, to the extent that it distorts capital flows and investment decisions, it wastes our time and savings and reduces our long-term productivity.
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But efficiency and productivity are not necessarily the same.
But if you're stuck, as we have been, with the slowest economic recovery in modern memory, most people would probably say it was better for the long-term health of the country to have more people working, less productively, than to have rising productivity but also higher unemployment.
Sure, Microsoft announced the business version of Office 365 a while ago, but previous efforts at a rental model by the Redmond company were less consumer focused, in no way a Netflix of productivity but instead awkward first attempts to fast-follow Google and others into the software as a service space while not really feeling it.
Set yourself a goal of not only reading about productivity, but developing a collection of 10 time management techniques that you use every day- a quiver of productivity weapons that become central to your working life.
Equal rights remain not only a problem for those unemployed, but it also undermines productivity.
But what about other productivity black holes like Sales, Customer Service, and Product Development?
Carew acknowledges the point, but argues that higher productivity does not automatically cancel out jobs.
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Recent data suggests we are experiencing a one-sided recovery, with strong productivity improvements but anemic job growth.
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