When the share of wages in national income decreases, consumption decreases.
Tag Archives: productivity
Millions of working people find themselves working harder for less. We need to rebalance our economy.
Chuka Ummuna has set out Labour’s plans to institutionalize the developmental state and the rise in productivity it achieved in 1997-2010 to solve the living standards crisis.
Despite today’s welcome news on falling unemployment, pay and productivity are stagnating.
The IFS produced a new report today examining why British workers are getting less productive.
The UK’s manufacturing sector took another big hit last week when official data showed manufacturing had performed much worse than predicted.
A new LSE report says Labour’s economic performance was “strong”, and was “not due to ‘unsustainable bubbles’ in finance, property, oil and public spending”.
The legacy of Margaret Thatcher was fewer workplace rights, longer working hours and less productivity in the UK.
Is Andrew Lansley right in saying private healthcare providers are more productive than the NHS? And will increases in productivity save all that much money?
According to the OECD, FDI inflows to the UK have more than doubled in 2009Q1. The UK had the fastest productivity growth among G7 countries over 1998-2008.