Explain why should you as a future employe

Assignment Help Macroeconomics

Reference no: EM1326659

Productivity of labor

During the economic expansion of the late 1990's, wages increased significantly for all types of workers. One possible explanation for this (other than favorable economic conditions which have increased the demand for labor) is that the productivity of labor has increased more rapidly over this time period. How is the productivity of labor connected to the real wage? Why should you, as a future worker, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s?

Reference no: EM1326659

Questions Cloud

Describe the purpose of initiatives and organizations : Integration of new technology - Describe the purpose of initiatives and organizations

Description of accounting information system : Description of Accounting information system - What is an accounting information system? How does it differ from other information systems within an organization?

Discussing about the public and private law regarding minors : The Telecommunications Group of DWI owns and Operates several local telephone companies. One service that DWI provides to its commercial customers is the use of "900 numbers" by which third-parties (clients of DWI customers) receive products & ser..

Explain which e-commerce environment is appropriate : Explain Which e-commerce environment is appropriate and Discuss the specific advantages and disadvantages of doing ecommerce in

Explain why should you as a future employe : Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.

Question about hr information systems : Question about HR Information Systems - "The best HR information system from an employee point of view is one that is not based in technology."

How to deal with such issues : Whilst group synergy is good phenomenon to observe in action, the converse is sometimes just alike to occur with work teams (virtual or otherwise). That is, teams might sometimes have disruptive or non-cooperative members who impair performance.

Prepared way to respond to physician leader : What is the prepared way to respond to the physician leader.

Providing the domestic dispute advice : Jodie and Aden have been living together for two years. Their home is registered in the sole name of Aden. Jodie has made no financial or other contribution to the property.

User Account

All Pages