The history of technological innovation suggests it will take longer to reap the benefits of artificial intelligence than its ...

Exclusive: A first-of-its-kind Claude study gives Anthropic’s researchers a rare look at AI’s real-world efficiency gains—and ...

In any process where labor is a significant cost driver, understanding productivity is essential. Labor productivity analysis isn’t just a management buzzword; it’s a practical tool that helps ...

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 ...

More hours worked in highly productive sectors, in relative terms Total labour productivity can also increase if more hours are worked, in relative terms, in highly productive sectors. Conversely, if ...

Most owners and operators of U.S. small businesses already benefit from the ongoing burst in labor productivity. But given the challenge of boosting performance from existing staff levels and current ...

Labor productivity—or the average hourly output of all workers in a country—plays a big role in improving the standard of living. Simply put, boosting productivity should enable people to get the ...

Canadian firms’ output per hour worked rose in the third quarter, mostly reversing the initial hit to productivity from the ...

U.S. labor productivity plunged 7.5% during the first quarter of 2022, according to new data released Thursday by the U.S. Bureau of Labor Statistics. The figure marks the largest quarterly decline ...

Canada’s labor productivity rose significantly in the latest quarter, climbing to 0.9% from a previous decline of 1.0%. This marks a substantial ...

U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...