By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a “good thing” that signals productivity…
By Daniel Leussink and Miho Uranaka TOKYO (Reuters) – Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off…
By Howard Schneider WASHINGTON (Reuters) – A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell’s emerging narrative for how inflation may continue to decline even amidst…
By Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s record of declining productivity over the past three years is likely to make it more difficult for the Bank of…
By Stella Qiu SYDNEY (Reuters) – Australia’s employment surged in August while its participation rate hit a record high and the jobless rate held steady, in a sign that decade-high…
Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say Will Kessler on August 7, 2023 Labor productivity reached 1.3% growth year-over-year for the second quarter of 2023 after…
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook. Nonfarm productivity,…
By Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its core semiconductor manufacturing equipment in more than decade, aiming to…
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, which could see the Federal…
SYDNEY (Reuters) – Australia’s Productivity Commission called on the federal government on Friday to improve tax and migration systems, remove import tariffs and secure net-zero carbon emissions at the lowest…
(Reuters) – Volkswagen needs to focus on productivity at its mass-market brands to cope with a step up in competition this year as supply chains improve, car production rises and…
WASHINGTON (Reuters) – U.S. labor costs grew faster than initially thought in the fourth quarter, though the pace has slowed from the prior quarters. Unit labor costs – the price…
WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which measures hourly output per worker,…
Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough Laurel Duggan on January 3, 2023 Employee turnover has surged since the pandemic, and the need to replace and…
BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material…
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep inflation elevated. Nonfarm productivity, which…
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boost ailing productivity, Bank of England policymaker Catherine Mann said in a podcast released…
WASHINGTON (Reuters) – U.S. worker productivity plunged in the second quarter, leading to the largest year-on-year decline on record, the government confirmed on Thursday, keeping upward pressure on labor costs.…
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that…
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue…
MEXICO CITY – Mexico should enact a series of reforms to boost the country’s low productivity, the World Bank said in a report released on Wednesday. It said the need…
WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker,…
WASHINGTON – U.S. worker productivity rebounded more than expected in the fourth quarter, curbing labor costs growth, but the coronavirus pandemic has distorted the data and prevented a clear trend.…