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 ...

The key to economic progress is labor productivity growth—producing more stuff with the same (or fewer) number of workers. Unfortunately, America’s labor productivity growth has been weak for several ...

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 ...

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 — ...

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 ...

Nonfarm labor productivity rose 1.5% in Q4 2024, compared with the +1.2% initial estimate and +2.2% in the prior quarter, according to data released by the Bureau of Labor Statistics on Thursday.

One of the most promising trends in this economy over the last few years has been strong productivity growth; labor productivity has been growing for two years now, and last year it was especially ...