A majority of the 302 respondents indicate that output per worker has risen faster than wages, which works in favor of the companies.
What does Y/L stand for?
Y/L stands for Output Per Worker (macroeconomics)
This definition appears frequently and is found in the following Acronym Finder categories:
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We have 3 other meanings of Y/L in our Acronym Attic
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Samples in periodicals archive:
7 per cent compared with the previous year, followed by electricity and gas supply activities in which gross output per worker was approximately Dh4 million.
In the unorganised sector, the daily wage for casual labour is fixed with reference to output per worker in self-employment.
born workers was found, suggesting that "the economy absorbs immigrants by expanding job opportunities rather than by displacing workers born in the United States"; (2) there is a short-term negative effect in which the capital intensity of the economy is reduced as businesses try to adjust their productive capacity (equipment and structures) to make use of the immigrants, followed by positive medium- and long-term effects wherein, after businesses have made the adjustment, output per worker increases; and (3) immigration is associated with the two offsetting effects of an increase in average hours per worker and a decrease in the average level of skill per worker.
The relationship between growth of physical capital per worker and output per worker also is negative in countries with poor institutions, albeit at a much lower level.
French private sector companies again recorded the strongest rise in output per worker during August, extending their stay at the top of the national productivity growth league to fifteen months.
The resulting rise in output per worker, together with slow wage growth, reduced unit labor costs.
The resulting rise in output per worker, together with slow wage growth, reduced unit labor costs.