While a spike in productivity—essentially the measure of how much output a worker creates per hour—is generally viewed as the ...
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 ...
Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Michael Boyle is an experienced financial professional with more than 10 years ...
It’s become conventional wisdom in some circles that sometime in the 1970s, the link between pay and productivity broke. Workers’ productivity kept rising, but their inflation-adjusted pay did not.
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 ...
Understanding productivity growth more fully is crucial because it plays such an outsize role in economic growth “Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of ...
Welcome everyone. I am thrilled to join you today for our next emerging Tech Economic Research Network event. I’m Louise Willard, and I serve as the Executive Vice President and Chief Information ...
China's economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per cent now, ...
Stefan Hajkowicz works at CSIRO which receives R&D funding from wide ranging government and industry clients. Jon Whittle works at CSIRO which receives R&D funding from wide ranging government and ...