Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic growth and living standards.
The industry has accumulated decades’ worth of data that, with the help of AI-driven analysis, could be tapped to boost construction productivity, prevent schedule overruns, improve cost-effectiveness ...
Nonfarm labor productivity climbed 3.3% at an annualized rate in Q2, exceeding the +2.8% expected and +2.4% in the preliminary estimate, according to preliminary data released by the U.S. Department ...
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 ...
(RTTNews) - A report released by the Labor Department on Thursday showed U.S. labor productivity and unit labor costs both increased by less than expected in the fourth quarter of 2024. The Labor ...
(RTTNews) - Revised data released by the Labor Department on Thursday showed U.S. labor productivity tumbled by much more than previously estimated in the first quarter of 2025. The Labor Department ...
The country's per-hour productivity stood at ¥5,720, or $60.1, the survey released Monday showed, based on OECD data.
AI can revive Australia's lagging labor productivity, mirroring a global trend. Rather than displacing jobs, AI will automate routine tasks, especially in service sectors like healthcare, freeing ...
US labor market productivity tanked in the third quarter. Paychecks grew and the number of hours worked jumped, but workers’ output increased only at a moderate pace. Revisions to the data that were ...
WASHINGTON, Dec 7 (Reuters) - U.S. worker productivity rebounded at a bit faster pace than initially thought in the third quarter, though the trend remained weak, keeping labor costs elevated.