Search: labour market
RBA Glossary definition for labour market
labour market – A collective term for employment, unemployment, participation rates and wages.
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Labour-productivity Growth and Relative Wages: 1978–1994
1 Sep 1995
RDP
9505
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9505.html
Wages and Productivity
1 Sep 1995
RDP
9505
In practice, the labour market is rarely in equilibrium and changes in the level of productivity in one sector may influence both the sector's relative wage and the ability of ... Even if the labour market was always in equilibrium, there are still no
https://www.rba.gov.au/publications/rdp/1995/9505/wages-and-productivity.html
Introduction
1 Sep 1995
RDP
9505
The most frequently offered explanation for this combination of favourable labour-market outcomes but low productivity growth is that the Prices and Incomes Accord held down real wages and led to ... Figure 1: Labour Productivity in the Non-Farm Sector.
https://www.rba.gov.au/publications/rdp/1995/9505/introduction.html
Summary and Conclusions
1 Sep 1995
RDP
9505
RDP 9505: Labour-Productivity Growth and Relative Wages: 1978-1994 5. Summary and Conclusions. ... In doing so, they contributed to rising living standards, if not rising labour productivity.
https://www.rba.gov.au/publications/rdp/1995/9505/summary-and-conclusions.html
Trends in Labour-Productivity Growth
1 Sep 1995
RDP
9505
This is based on the assumption that there is zero labour-productivity growth. ... Given equation (1), the change in aggregate labour productivity can be expressed as:.
https://www.rba.gov.au/publications/rdp/1995/9505/trends-in-labour-productivity-growth.html
Labour-Productivity Growth in Specific Industries
1 Sep 1995
RDP
9505
Labour productivity is clearly pro-cyclical; falling in recessions and increasing in booms. ... Figure 13: The Construction Industry: Output, Employment and Labour Productivity. (March quarter 1978 = 100).
https://www.rba.gov.au/publications/rdp/1995/9505/labour-productivity-growth-in-specific-industries.html