efficiency of labour

Greater efficiency of labour means generally lower product prices.

For example the efficiency of labour would appear to take up some considerable amount of their time.

On the one hand he severely criticized the poorest peasant class for its fatalistic nature-worshipping and the low efficiency of labour.

Since then, Jacques Drèze has examined ways of reconciling flexibility of labour costs to firms with risk-sharing efficiency of labour incomes, if needed through wage subsidies (119, 125, 131).

It follows that increasing the efficiency of labour, and improving the organizational structure of UK firms, may be at least as important in generating economic growth as raising the level of investment.

Beyond provisions for retraining, such policies do not involve interventionism but the removal of obstacles - including minimum wage laws and 'excessive' social welfare benefits - which inhibit the efficiency of labour markets and, in particular, real-wage adjustments.

The success is very much in the mobility and European cooperation and we know it is important for the quality of employment, for the efficiency of labour markets, we know it is truly a European idea and we also know it is of utmost importance for the opportunities of the individual.