Discover how to calculate productivity by comparing business outputs to inputs. Learn about methods and techniques to enhance ...

Labor productivity—output per hour worked—drives long-run economic growth. Business leaders looking beyond the next two years will find that their companies’ fortunes are tied to the economy’s growth ...

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

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 ...

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 ...

Worker productivity rose at its fastest pace in two years in the third quarter, while workers actually lost buying power because pay raises didn't keep up with inflation. Economists said productivity ...

Balancing labor supply and employer demand has major implications for workers, families, communities, companies, and governments. Economists and policymakers think a lot about how to maintain this ...

U.S. workers just delivered the strongest burst of efficiency in two years, giving the economy a rare dose of good news at a ...

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 ...