Nonfarm labor productivity fell by 1.5% Q/Q in Q1, weaker than the initial estimate of -0.8% and Q4 2024's -1.7%, according to data released by the U.S. Bureau of Labor Statistics on Thursday. The ...
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 — ...
WASHINGTON, March 24 (Reuters) – U.S. worker productivity growth slowed more than initially thought in the fourth quarter, government data showed, boosting growth in unit labor costs. Nonfarm ...
All kinds of industries have been taking hits on Wall Street lately, as investors begin to worry that new artificial intelligence tools have the potential to disrupt them. In the last week alone, it’s ...
WASHINGTON, March 5 (Reuters) – U.S. worker productivity slowed in the fourth quarter, but the trend remained solid, keeping growth in labor costs in check. Nonfarm productivity, which measures hourly ...
In any process where labor is a significant cost driver, understanding productivity is essential. Labor productivity analysis isn’t just a management buzzword; it’s a practical tool that helps ...
CFOs did not see artificial intelligence meaningfully affecting employment at their organizations last year and don’t anticipate a large effect on headcount from the technology over the course of the ...
A shift-share analysis shows structural change has been productivity-neutral for two decades — and actively growth-reducing ...