Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.
Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. Across the trucking industry, labor productivity increased 4.7%. Labor productivity ...
This week is a big week for inflation data: The Labor Department is putting out its latest consumer price index on Wednesday, the producer price index comes out Thursday and the import price index ...
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 ...
Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run "unbounded growth" scenario where AI is fully developed, up to 23% of ...
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 ...
California’s 4.2% productivity gain helped drive a third of U.S. growth in 2025, even as workers logged fewer hours.
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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 — ...
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 ...