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In that U.S. Chamber presentation, I shared the chart showing that in 2003, the U.S. had 5.4 workers per retiree; today, we have 3.5 workers per retiree. In eight years, by 2033, the U.S. will ...
Nonfarm productivity, which measures hourly output per worker, fell at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said on Thursday. That was the first ...
We are living under a tyranny of now, as in “right now.” It is shredding workplace efficiency, creating workplace dissatisfaction, and costing employers billions in lost productivity.
So, Mui said, workers are more efficient. “We’re seeing an uptick in the growth rate of productivity, which means that we’re seeing a fall in the growth rate of cost.” ...
As studies examine the productivity gains — or losses — of remote work, people have been asked to make the trip back to the office. While some companies are in favor of a hybrid model through ...
So, worker productivity looked artificially high especially in the early parts of the pandemic because the lower-paid, lower-skilled service sectors like hotels and restaurants shut down.
So many of these measures of productivity are one dimensional.” Add remote work to the mix, and understanding who is productive — and who is not — can be even more complicated and contentious.
Good jobs have good pay Considerable evidence shows that when workers earn competitive wages, employers benefit from increased worker productivity and higher effort; in many cases, the wage ...
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