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 ...

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 ...

Workers reported saving a substantial number of work hours by using generative artificial intelligence, with users being 33% more productive in each hour that they use generative AI. Among ...

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.” ...

A new paper examines how high-quality jobs can increase innovation and productivity. It found that higher pay does motivate workers, alongside other metrics, but that after a certain tipping point ...

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.

The first point is that a falling ratio of workers to retirees is not exactly a new story. If we go to our friendly Social Security Trustees Report, we see that the ratio of workers to ...

WASHINGTON (Reuters) -U.S. worker productivity dropped in the first quarter for the first time in nearly three years, resulting in a surge in labor costs that could squeeze margins for businesses ...