Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...

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U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...

The Department of Labor reported Thursday that first-time claims for unemployment bumped up slightly last week: 226,000 filed new claims, up from 219,000 the week before. And during that week before — ...

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Labor productivity growth in the U.S. has been slow, contributing to modest increases in wages and real wages. Pay is ultimately tied to productivity. The government's focus on stimulating consumer ...

In this article, we will be analyzing the global productivity outlook while covering the 20 countries by productivity growth in 2023. If you wish to skip our detailed analysis, you can move directly ...

A new gospel is coming out of Silicon Valley, major business conferences, and seemingly every corporate call with investors: Artificial intelligence is about to make workers way more productive. Free ...

The construction industry is facing a perfect storm in the labor arena. Not only is it harder to find workers, but employers are having to pay those they do hire – many underqualified – steadily ...

This story first appeared in TIME's new AI newsletter, In the Loop. You can subscribe here, for free, to get regular scoops like this directly into your email inbox. By how much, if at all, will AI ...